CautiousUpdated MAY 20, 2026

Norwich, CT

ZIP 06380·New London County·Norwich-New London, CT·2,427 residents·Median income $44,430·Seller's Market

06380 · Norwich, CT has a HavenScore of 26 — cautious on affordability and fundamentals, per the score.

Compare
26
▼ -10 / 90d#25/26 in CTHavenScore
Rank

This ZIP has fewer than 5,000 residents, so it isn’t ranked against larger markets. The HavenScore is shown for reference.

Switch perspective

Overall view active — Equal weight across affordability, growth, risk, momentum.

Sub-scores below recompute with these weights

Affordability
14/100
Growth
—/100
Risk
32/100
Momentum
21/100
Livability
68/100
Score · trailing 12 mo
36 → 26
-10 points
30-day
+4
90-day
-10
1-yr
-10

Snapshot

Numbers at a glance

Median price
$287,354
Typical home value
YoY change
+9.02%
12-mo trailing
Price-to-income
6.5×
healthy <4.0×
Est. monthly
$2,003
PITI · 20% · 6.51%
Active listings
0
current count
Days on market
59
median DOM
Vacancy
15.0%
Above-average
Owner-occupied
34%
of homes
Denial rate
24.2%
Above-average
Lending activity
5,299
originations
Walkability
8.7
Below-average

Composition

Pillars behind the score

Affordability

35% of score
14/100
Price-to-income
Healthy under 4×·ACS · ZHVI
🔒 Haven
Property tax rate
Annual, as % of value·Tax Foundation 2024
🔒 Haven
Median income
Household·Census ACS
🔒 Haven

Growth momentum

25% of score
—/100
12-month price change
Trailing year·Zillow ZHVI
🔒 Haven
12-month rent change
Trailing year·Zillow ZORI
🔒 Haven
Population
Estimated residents·Census ACS
🔒 Haven

Market risk

20% of score
32/100
Overvaluation
vs fundamentals·HavenScore composite
🔒 Haven
Active listings
Raw count — lower is tighter supply·Realtor.com
🔒 Haven
Price cuts
Share of listings·Realtor.com
🔒 Haven

Momentum

20% of score
21/100
Days on market
Median listing age·Realtor.com
🔒 Haven
Buyer / seller gauge
Market balance·HavenScore composite
🔒 Haven
Demand dial
Composite demand signal·HavenScore composite
🔒 Haven

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Signals

What's driving this score

Top 5 of 14 signals
Tailwinds3
  • Strong price appreciation
    +9.0% year-over-year
  • Limited new supply
    Only 1.7 permits per 1,000 — supply constrained
  • Few price reductions
    Only 0% of listings cutting price
Headwinds2
  • High price-to-income
    6.5× income — well above the national median
  • Potentially overvalued
    82% above historical price-to-income
Buyer / seller gauge

Market conditions

Seller's Market

Sellers hold the leverage. Listings move fast and often over asking. Sign in to save this ZIP and track how the score moves.

+68
Strong buyerBalancedStrong seller
Trend
Heating toward seller

Pulse

What's changed in the last 90 days

🔒 Haven
Rising

Median price

+6.1%$287k

Change vs. prior 90 days · arrow shows direction, not whether it’s good or bad

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Metrics

The raw numbers

Median Home Value

$287,354

▲ +9.02% YoY
Median Rent

—

Active Inventory

0

Days on Market

59 days

Price Cuts

0.00%

Price-to-Income

6.5×

Median Income

$44,430

Population

2,427

Overvaluation

+82.25%

Trend

Where it's been

Historical Trends

Updated May 2026

🔒 Haven
—————
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Forecast

Where it's heading

The HavenScore Forecast Model (v1) projects this ZIP’s median value at 3-, 6-, and 12-month horizons, with 80% prediction intervals.

Price Forecast

12-month projection · 80% calibrated interval

🔒 Haven
—————
Free · 3 mo  |  Haven · 12 mo →
3-month
🔒 Haven
6-month
🔒 Haven
12-month
🔒 Haven
12-month forecast + confidence intervals + AI-explained drivers unlock with Haven

Forecasts are the model’s projection, not a prediction. Actuals will differ.

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Payment

What you'd owe each month

Est. monthly payment
$2,003/ mo

20% down · 30-yr fixed · 6.51% · tax 1.79%

Principal$207
Interest$1,247
Property tax$429
Insurance$120
Rent vs buy

Rent data isn’t published for this ZIP, so we can’t compute a rent-vs-buy gap.

Decide

Run the numbers

Cost of ownership over time

Cumulative housing cost, interest paid, and equity built · 10% down · ZIP median income $44,430

1-year
Total housing cost
🔒 Haven
Interest paid
🔒 Haven
Principal paid
🔒 Haven
Equity built
🔒 Haven
5-year
Total housing cost
🔒 Haven
Interest paid
🔒 Haven
Principal paid
🔒 Haven
Equity built
🔒 Haven
30-year
Total housing cost
🔒 Haven
Interest paid
🔒 Haven
Principal paid
🔒 Haven
Equity built
🔒 Haven

Equity assumes flat home value; real appreciation could push it higher · Rate 6.51%

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Haven featurefrom $8/mo

The score has more to say about this ZIP.

A list-timing recommendation for sellers — buyer/seller gauge, recent signals, and a polished PDF. Switch to Seller view to generate it.

Report sections · Haven

Buyer / Seller gauge🔒 Haven
Market state callout🔒 Haven
Recent direction in seller-relevant signals🔒 Haven
Net proceeds estimator🔒 Haven
Methodology summary🔒 Haven
  • List-timing recommendation
  • Metro and ZIP context
  • Polished PDF layout
  • Refreshed monthly
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Pro featurefrom $25/mo

The score has more to say about this ZIP.

A four-page editorial PDF: market summary, full pillar breakdown, 5-year history with forecast, alternatives, and a 30-year cost-of-ownership table.

HavenScore Report06380Market AnalysisGENERATED FOR PRO MEMBERS78PILLAR BREAKDOWNHAVENSCORE.APP · PRO REPORT🔒 Pro
  • Branded PDF with all metrics
  • Includes forecast + scorecards
  • Suitable for client presentations
  • Unlimited exports
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Comparable ZIPs

Same shape, lower entry

ZIPs the score groups near 06380 on Affordability and Growth — sorted by lowest median value.

ZIP 06114
Hartford
CT
33
$221,173+5.82%
ZIP 06120
Hartford
CT
30
$222,388+10.82%
ZIP 06106
Hartford
CT
36
$226,149+4.14%
ZIP 06112
Hartford
CT
33
$259,650+7.17%

Sources

Every number, traced

Every metric above is sourced from public datasets, normalized against the national ZIP distribution. Home values and rents refresh monthly; demographics refresh annually.

Zillow Research
Home values, rents, inventory, transactions
Realtor.com
Inventory, days on market, price-cut share
Redfin
Sale prices, transaction volume
US Census ACS
Income, population, vacancy, cost burden
Freddie Mac PMMS
Current 30-year fixed mortgage rates
FHFA HPI
Long-term price trends
HUD Small Area FMR
Per-ZIP fair market rents (rural fallback)
BEA & IRS
Personal income growth, net migration
Lending & accessibility
Lending and neighborhood-access signals

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