Median home value in zip code 06385 (Waterford, CT) is $412,893, up 5.5% year over year. Part of the Norwich-New London, CT metropolitan area.

Home Value$412,893

YoY Change

+5.5%

Prices rising — worse for buyers.

Affordability

Enter your income for 06385 (Waterford).

Income (annual)

Down Payment

$82,579 on $412,893

Example: $75,000 household income. Change it above to see your own.

Out of reach47.6% of income

Need $127,629/yr to afford.

PITI$2,978

P/I47.6%

Afford$243K

Gap-$170K

P&I $2,088Tax $740Ins $150

6.50% 30yr, 20% down, county tax + CT ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

06385 is part of the Norwich-New London, CT metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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