ZIP Code 06515 — New Haven, CT Home Prices (2026)
The typical home in ZIP 06515 (New Haven, Connecticut) is worth about $387,000 at roughly $252 per square foot — 5% more expensive than the New Haven median and 32% more expensive than the typical U.S. home.
How 06515 compares
ZIP 06515 is one of the pricier ZIP codes in New Haven: its typical home value of $387,000 ranks #2 of the 5 New Haven ZIP codes we track (the citywide range runs from $303,000 in 06519 to $391,000 in 06510). Per square foot it costs about $252, against $278 for New Haven as a whole, $263 for Connecticut, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 06515 | $387,000 | $252 |
| New Haven, CT | $370,000 | $278 |
| Connecticut | $449,500 | $263 |
| United States | $294,000 | $195 |
Home value by size in 06515
Using this ZIP’s rate of about $252 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 | $252,000 |
| 1,500 sq ft | $378,000 |
| 2,000 sq ft | $504,000 |
| 2,500 sq ft | $630,000 |
| 3,000 sq ft | $756,000 |
Salary needed to buy a home in ZIP 06515
To buy the typical $387,000 home in ZIP 06515 with 20% down, you need a household income of roughly $105,000 a year (about $2,460 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $125,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $19,400 | $3,050/mo | $131,000/yr |
| 10% (+PMI) | $38,700 | $2,920/mo | $125,000/yr |
| 20% | $77,400 | $2,460/mo | $105,000/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 06515
At about $252 per square foot, here is roughly how much home different budgets get you in ZIP 06515:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $200k | 790 sq ft | below the local median — condos, smaller or older homes |
| $250k | 990 sq ft | below the local median — condos, smaller or older homes |
| $300k | 1190 sq ft | below the local median — condos, smaller or older homes |
| $400k | 1590 sq ft | around the typical home here |
| $500k | 1980 sq ft | around the typical home here |
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 06515 home.
Estimate a specific home in 06515
The estimator below is pre-set to ZIP 06515 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All New Haven ZIP codes by home value
Where 06515 sits among New Haven’s 5 ZIP codes:
| # | ZIP code | Typical value | $ / sq ft |
|---|---|---|---|
| 1 | 06510 | $391,000 | $344 |
| 2 | 06515 (this page) | $387,000 | $252 |
| 3 | 06511 | $370,000 | $282 |
| 4 | 06513 | $303,000 | $191 |
| 5 | 06519 | $303,000 | $278 |
ZIP 06515 home prices: frequently asked
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See the full New Haven 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.