What is the average home price in Connecticut?
Around $420,000 in 2026.
Connecticut Mortgage Calculator 2026
Connecticut has high home prices averaging $420,000 in 2026, reflecting its proximity to New York City and strong local economy.
Current Rates (Freddie Mac PMMS)
30-Year Fixed: 15-Year Fixed: Rates verified Oct 21, 2026
Adjust values — results update instantly.
State: Connecticut (median-style home price, tax, and insurance pre-filled — edit as needed)
Illustrative property tax and insurance — mill rates and coastal premiums vary widely. Not a loan offer.
Dollar amount. PMI applies when under 20% of home price.
PMI is estimated at 0.5% of the loan amount per year when your down payment is below 20% of the purchase price.
Total monthly payment
$3,046
Principal & interest
$2,179Property tax
$750Home insurance
$117Loan amount$336,000
Down payment$84,000 (20.0%)
Total interest (life)$448,544
Total cost$784,544
Frequently Asked Questions
Does Connecticut have a transfer tax?
Yes, 0.75%–1.25% depending on price.
What is Connecticut state income tax?
Graduated rates from 2% to 6.99%.
How much do I need to earn to afford a home in Connecticut?
Approximately $80,000–$90,000 annually for the average CT home.
Related calculators
Educational estimates only. Not a lender pre-approval.