Home prices
The price of the median home in New Haven is $199,000. This is approximately $71,400 (26%) lower compared to the surrounding areas.Compared to the nation as a whole it is approximately $18,500 (8%) lower, and in comparison to the city of New York it is approximately $407,000 (67%) lower.
Rents
The median monthly rent in New Haven is $1,196. In comparison to nearby areas it is approximately $130 (9%) lower.Compared to the US as a whole it is approximately $134 (12%) higher, and is about $247 (17%) lower in comparison to the city of New York.
Nearby places
East Haven
East Haven is New Haven's neighbor to the east. The real estate prices there are somewhat more expensive. The cost of the median home in East Haven is $212,800, which is $13,800 (6%) higher than New Haven. Rents there are similar. The median rent in East Haven is $1,213 per month, which is $17 (1%) higher than New Haven.
West Haven
West Haven is New Haven's neighbor to the southwest. Its real estate prices are fairly similar. The median home in West Haven is valued at $193,800, which comes out to $5,200 (2%) lower than New Haven. Rents there are fairly similar. West Haven's median rent is $1,164 per month, which comes out to $32 (2%) lower than New Haven.
Orange
Orange is New Haven's neighbor to the southwest. The real estate prices there are a lot more expensive. The median home in Orange costs $389,900, which is $190,900 (48%) higher than New Haven. Its rents are a bit more expensive. The median monthly rent in Orange is $1,648, which works out to $452 (27%) higher than New Haven.
North Haven
North Haven is New Haven's neighbor to the northeast. Real estate prices there are significantly more expensive. The median home in North Haven is valued at $298,300, which is $99,300 (33%) higher than New Haven. The rent there is a little more expensive. North Haven's median rent is $1,325 per month, which is $129 (9%) higher than New Haven.
Branford Center
Branford Center is roughly 5 miles southeast of New Haven. Housing prices there are a little more expensive. The median home price in Branford Center is $257,200, which comes out to $58,200 (22%) higher than New Haven. The rent there is somewhat more expensive. The median monthly rent in Branford Center is $1,281, which works out to $85 (6%) higher than New Haven.