SIALIMStatistical Intelligence for America's Local Investment Markets

06514Hamden, CT Home Values

Typical home value $345,605 as of July 2026 · 30th of 40 in New Haven-Milford, CT

Typical value — July 2026
$345,605
observed, not a forecast
Past 12 months
+5.5%
trailing year-over-year change
Past 5 years
+43.5%
July 2021 to July 2026
Rank in metro
30th
of 40 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 06514, July 2021 to July 2026. This page shows observed data only; no forecast.

How 06514 compares in the New Haven-Milford, CT area

ZIP code 06514 (Hamden, CT) has a typical home value of $345,605 as of July 2026, ranking 30th of 40 ZIP codes tracked in the New Haven-Milford, CT area, more expensive than about 28% of ZIP codes in the metro. Prices here have moved +5.5% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +43.5%, from $240,815 in July 2021 to $345,605 in July 2026. Against observed rent, the typical home here sells for 13.7× the annual rent ($2,105/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the New Haven-Milford, CT forecast for a modeled outlook, or browse the full ranked list of ZIP codes in New Haven.

Population and demographics

ZIP code 06514 has a population of 25,291, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 42.5% White, 32.8% Black or African American, 17.5% Hispanic or Latino, 4.3% Asian, 2.5% two or more races, and 0.3% another race.

Nearby public schools

SchoolAddressDistance
Dunbar Hill School315 Lane St., Hamden, CT0.8 mi
Shepherd Glen School1 Skiff St. Ext., Hamden, CT1.1 mi
Bear Path School10 Kirk Rd., Hamden, CT1.2 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 06514?

$345,605 as of July 2026, the latest month Zillow has published observed data for.

Is 06514 an expensive ZIP code in the New Haven-Milford, CT area?

06514 ranks 30th of 40 ZIP codes in the New Haven-Milford, CT area by typical home value, more expensive than about 28% of ZIP codes in the metro.

How much have home values in 06514 changed over the past year?

+5.5% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 06514?

The typical home price is 13.7× the observed annual rent in this ZIP code ($2,105/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 06514?

25,291, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 06514?

Dunbar Hill School (0.8 mi), Shepherd Glen School (1.1 mi), Bear Path School (1.2 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 06514?

No. Every number on this page is observed Zillow data as of July 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the New Haven-Milford, CT forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.