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Area data

Waterford, CT — ZIP 06385

Population: 15,966 (Census ACS)

The median home value in ZIP 06385 (Waterford, CT) is $446,004 — up 5.9% over the past year. Homes sell for a median $412,000 after a median 32 days on market. Typical rent runs $2,308/month. 5 schools serve the area (NCES). Cost of living is 7.0% above the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$446,004

Median home value

+5.9%

1-year change

32

Median days on market

Home values & appreciation

Median home value
$446,004
1-year appreciation
+5.9%
3-year appreciation
+21.1%
5-year appreciation
+41.0%
10-year appreciation
+90.4%
All-time peak (2026-07)
$446,004
House Price Index (state)
307.7 (+3.7% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$412,000
Median list price
$425,000
Median price per sqft
$274
1-year sale-price change
-7.5%
Median days on market
32 days
Homes sold (recent period)
41
For-sale inventory
47
Sale-to-list ratio
100.8%
Active listings
43
1-year forecast
+3.8%
Days to pending
19 days
New listings (monthly)
26

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$2,308/mo
Studio fair-market rent
$1,207/mo
1BR fair-market rent
$1,508/mo
2BR fair-market rent
$1,877/mo
3BR fair-market rent
$2,441/mo
4BR fair-market rent
$2,816/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Above Average)
107.0 (100 = US avg)
Electricity rate (state-level)
29.4¢/kWh
Natural gas rate (state-level)
$16.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
5
Elementary schools
3
Middle schools
1
High schools
1
School districts serving the area
Learn, Waterford School District
Schools include
The Friendship School, Clark Lane Middle School, Oswegatchie Elementary School, Waterford High School, Great Neck Elementary School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

FEMA flood zone
AE
Flood risk level
High
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
1
Nearest Superfund site
New London Submarine Base (4.5 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
49.3 in
USDA plant hardiness zone
7a (extreme annual low 0 to 5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
41
Days with Good air quality
258
Days with Moderate air quality
95
Days with Unhealthy air quality
3
Highest AQI recorded (year)
166

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
7.0 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
19,117
Jobs reachable by transit (45 min)
17,683

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
4
Nearest national park
Touro Synagogue National Historic Site (45 mi)
National parks include
Touro Synagogue National Historic Site, Roger Williams National Memorial, Blackstone River Valley National Historical Park
Airports within 30 mi
26
Nearest airport
Groton New London Airport (GON) (6 mi)
Nearest major airport
Groton New London Airport (GON) (6 mi)
Hospitals nearby (~15 mi)
3
Hospitals include
LAWRENCE & MEMORIAL HOSPITAL, WILLIAM W BACKUS HOSPITAL, WESTERLY HOSPITAL
Avg hospital rating (CMS)
4.0 / 5
Best hospital rating nearby (CMS)
5.0 / 5
EV charging stations (within 10 mi)
117
Solar radiation rating
Fair (4.0 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Housing stock

Median year housing built
1,971
Housing built before 1970
49.3%
Housing built 2000 or later
16.7%
Median annual property tax
$4,922
Mean commute to work
20 min
Households with broadband internet
84.9%

Source: Census ACS 5-year estimates (ZIP-level)

How it compares

ZIP 06385State medianUS median
Median home value$446,004$447,200$289,727
Median sale price$412,000$450,000$325,000
Median days on market32 days39 days51 days
Typical rent$2,308/mo$2,213/mo$1,808/mo
Median annual property tax$4,922$6,234$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 06385?
$446,004.
What is the median sale price in ZIP 06385?
$412,000.
How long do homes take to sell in ZIP 06385?
Median days on market: 32 days.
What is typical rent in ZIP 06385?
Typical rent: $2,308/month.
Is ZIP 06385 in a flood zone?
High (FEMA NFIP). FEMA flood zone AE.
What is the radon potential in ZIP 06385?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 06385?
1 current or proposed National Priorities List site within 5 miles (EPA). Nearest site: New London Submarine Base, 4.5 mi.
How many schools serve ZIP 06385?
5 schools (3 elementary, 1 middle, 1 high) (NCES, 2022-23).
Is ZIP 06385 walkable?
Walkability index: 7.0/20 (EPA Smart Location Database).
What is the air quality in ZIP 06385?
Good. Median AQI: 41. (EPA AQI).
What is the cost of living in ZIP 06385?
Regional Price Parity: 107.0 (100 = US average) (Above Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents