ZIP Code 06442 — Essex, CT Home Prices (2026)

The typical home in ZIP 06442 (Essex, Connecticut) is worth about $557,000 at roughly $432 per square foot — about the same as the Essex median and 89% more expensive than the typical U.S. home.

$557,000

Typical home value

$432

Price per sq ft

#2 of 3

Essex ZIPs by value

+0%

vs Essex median

How 06442 compares

ZIP 06442 is a mid-priced ZIP code for Essex: its typical home value of $557,000 ranks #2 of the 3 Essex ZIP codes we track (the citywide range runs from $514,000 in 06409 to $780,000 in 06426). Per square foot it costs about $432, against $432 for Essex as a whole, $263 for Connecticut, and $195 nationally.

Area	Typical value	$ / sq ft
ZIP 06442	$557,000	$432
Essex, CT	$557,000	$432
Connecticut	$449,500	$263
United States	$294,000	$195

Home value by size in 06442

Using this ZIP’s rate of about $432 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.

Home size	Estimated value
1,000 sq ft	$432,000
1,500 sq ft	$648,000
2,000 sq ft	$864,000
2,500 sq ft	$1,080,000
3,000 sq ft	$1,296,000

Salary needed to buy a home in ZIP 06442

To buy the typical $557,000 home in ZIP 06442 with 20% down, you need a household income of roughly $152,000 a year (about $3,540 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $180,000, because the loan is bigger and mortgage insurance kicks in.

Down payment	Cash down	Monthly payment	Income needed
5% (+PMI)	$27,900	$4,390/mo	$188,000/yr
10% (+PMI)	$55,700	$4,200/mo	$180,000/yr
20%	$111,400	$3,540/mo	$152,000/yr

Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.

What your budget buys in ZIP 06442

At about $432 per square foot, here is roughly how much home different budgets get you in ZIP 06442:

Budget	Approx. size	What that looks like locally
$300k	690 sq ft	below the local median — condos, smaller or older homes
$400k	930 sq ft	below the local median — condos, smaller or older homes
$500k	1160 sq ft	around the typical home here
$600k	1390 sq ft	around the typical home here
$750k	1740 sq ft	above the median — larger homes or the pricier ZIPs

Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 06442 home.

Estimate a specific home in 06442

The estimator below is pre-set to ZIP 06442 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.

All Essex ZIP codes by home value

Where 06442 sits among Essex’s 3 ZIP codes:

#	ZIP code	Typical value	$ / sq ft
1	06426	$780,000	$513
2	06442 (this page)	$557,000	$432
3	06409	$514,000	$320

ZIP 06442 home prices: frequently asked

What is the average home price in ZIP code 06442? +

The typical home in ZIP 06442 (Essex, CT) is worth about $557,000 as of 2026. That is about the same as the Essex median of $557,000 and 89% more expensive than the U.S. median of $294,000.

What is the price per square foot in 06442? +

About $432 per square foot in 06442, versus $432 across Essex and $263 across Connecticut. At that rate a 1,500 sq ft home runs roughly $648,000 and a 2,500 sq ft home about $1,080,000.

What salary do you need to buy a house in ZIP 06442? +

For the typical $557,000 home in ZIP 06442, a household income of about $152,000 a year covers the payment with 20% down (a 30-year fixed at 6.5%, plus taxes and insurance, under the 28% rule). With 10% down you need roughly $180,000; with 5% down about $188,000.

Is 06442 an expensive ZIP code? +

Within Essex, 06442 ranks #2 of 3 ZIP codes by typical home value, which makes it a mid-priced ZIP code for Essex. Nationally it is relatively expensive.

See the full Essex home values page, all Connecticut cities, or price per square foot by ZIP code nationwide.

Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.