ZIP Code 06382 — Montville, CT Home Prices (2026)

The typical home in ZIP 06382 (Montville, New London County, Connecticut) is worth about $347,000 at roughly $269 per square foot — 13% more affordable than the Montville median and 20% more expensive than the typical U.S. home.

$347,000

Typical home value

$269

Price per sq ft

#3 of 3

Montville ZIPs by value

-13%

vs Montville median

How 06382 compares

ZIP 06382 is one of the more affordable ZIP codes in Montville: its typical home value of $347,000 ranks #3 of the 3 Montville ZIP codes we track (the citywide range runs from $347,000 in 06382 to $486,000 in 06353). Per square foot it costs about $269, against $269 for Montville as a whole, $265 for Connecticut, and $193 nationally.

Area	Typical value	$ / sq ft
ZIP 06382	$347,000	$269
Montville, CT	$401,000	$269
Connecticut	$447,000	$265
United States	$289,000	$193

Home value by size in 06382

Using this ZIP’s rate of about $269 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	$269,000
1,500 sq ft	$403,500
2,000 sq ft	$538,000
2,500 sq ft	$672,500
3,000 sq ft	$807,000

Home value appreciation in ZIP 06382

Home prices in ZIP 06382 have risen about 93% over the last 10 years (≈6.8% a year) and +47.0% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at +4.7% — still rising. A home worth $347,000 today was worth roughly $180,260 ten years ago.

+4.7%

1-year change

+59.4%

5-year change

+92.5%

10-year change

+47.0%

20-year change

See where that trend takes a specific home with the home appreciation calculator — Montville as a whole is +92.5% over the same 10 years. Past appreciation is a track record, not a forecast; local prices can fall.

Calculators for ZIP 06382

Run the numbers for ZIP 06382 with the local rates already filled in — change any input to test your own situation.

Property taxannual tax at local effective rates Income by ZIPmedian income, rent and value for a ZIP Affordability by salarythe price your income supports here Monthly paymentPITI on a home at this price Rent affordabilityyour max rent vs the local median Utility costselectric, gas, water and internet per month Home insurancetypical premium for this state Cost to buildnew-construction cost per sq ft here

Salary needed to buy a home in ZIP 06382

To buy the typical $347,000 home in ZIP 06382 with 20% down, you need a household income of roughly $94,000 a year (about $2,200 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $112,000, because the loan is bigger and mortgage insurance kicks in.

Down payment	Cash down	Monthly payment	Income needed
5% (+PMI)	$17,400	$2,740/mo	$117,000/yr
10% (+PMI)	$34,700	$2,620/mo	$112,000/yr
20%	$69,400	$2,200/mo	$94,000/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 06382

At about $269 per square foot, here is roughly how much home different budgets get you in ZIP 06382:

Budget	Approx. size	What that looks like locally
$200k	740 sq ft	below the local median — condos, smaller or older homes
$250k	930 sq ft	below the local median — condos, smaller or older homes
$300k	1120 sq ft	around the typical home here
$400k	1490 sq ft	around the typical home here
$500k	1860 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 06382 home.

Estimate a specific home in 06382

The estimator below is pre-set to ZIP 06382 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.

All Montville ZIP codes by home value

Where 06382 sits among Montville’s 3 ZIP codes:

#	ZIP code	Typical value	$ / sq ft
1	06353	$486,000	$256
2	06370	$401,000	$290
3	06382 (this page)	$347,000	$269

ZIP 06382 home prices: frequently asked

What is the average home price in ZIP code 06382? +

The typical home in ZIP 06382 (Montville, CT) is worth about $347,000 as of 2026. That is 13% more affordable than the Montville median of $401,000 and 20% more expensive than the U.S. median of $289,000.

What is the price per square foot in 06382? +

About $269 per square foot in 06382, versus $269 across Montville and $265 across Connecticut. At that rate a 1,500 sq ft home runs roughly $403,500 and a 2,500 sq ft home about $672,500.

What salary do you need to buy a house in ZIP 06382? +

For the typical $347,000 home in ZIP 06382, a household income of about $94,000 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 $112,000; with 5% down about $117,000.

What county is ZIP code 06382 in? +

ZIP code 06382 is in New London County, Connecticut, in the Montville area.

Is 06382 an expensive ZIP code? +

Within Montville, 06382 ranks #3 of 3 ZIP codes by typical home value, which makes it one of the more affordable ZIP codes in Montville. Nationally it is about average.

Are home values in ZIP 06382 going up? +

Over the last 10 years home prices in ZIP 06382 changed about +92.5% (≈6.8% a year), and +4.7% in the latest year, according to the FHFA house price index through 2025. Over 20 years: +47.0%. Past gains are not a guarantee of future ones.

See the full Montville 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.