06518 — Hamden, CT Home Values
Typical home value $401,747 as of August 2026 · 20th of 40 in New Haven-Milford, CT
Blue: typical home value (Zillow ZHVI) in ZIP code 06518, August 2021 to August 2026. This page shows observed data only; no forecast.
How 06518 compares in the New Haven-Milford, CT area
ZIP code 06518 (Hamden, CT) has a typical home value of $401,747 as of August 2026, ranking 20th of 40 ZIP codes tracked in the New Haven-Milford, CT area, more expensive than about 53% 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 +37.5%, from $292,127 in August 2021 to $401,747 in August 2026. Against observed rent, the typical home here sells for 13× the annual rent ($2,573/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 06518 has a population of 19,958, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 67.9% White, 13.4% Black or African American, 8% Hispanic or Latino, 6.5% Asian, 3.6% two or more races, 0.4% another race, and 0.1% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| West Woods School | 350 West Todd St., Hamden, CT | 0.8 mi |
| REGIONS secure Hamden | 995 Sherman Avenue, Hamden, CT | 2.2 mi |
| Bear Path School | 10 Kirk Rd., Hamden, CT | 3 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 06518?
$401,747 as of August 2026, the latest month Zillow has published observed data for.
Is 06518 an expensive ZIP code in the New Haven-Milford, CT area?
06518 ranks 20th of 40 ZIP codes in the New Haven-Milford, CT area by typical home value, more expensive than about 53% of ZIP codes in the metro.
How much have home values in 06518 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 06518?
The typical home price is 13× the observed annual rent in this ZIP code ($2,573/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 06518?
19,958, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 06518?
West Woods School (0.8 mi), REGIONS secure Hamden (2.2 mi), Bear Path School (3 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 06518?
No. Every number on this page is observed Zillow data as of August 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.