The story of this market
The typical home in ZIP 06078 sells for about $439,779, or $199 per square foot.
Prices are down 1.1% from a year ago, which gives buyers more room to negotiate. Homes take about 40 days to sell. HUD's fair market rent for a two-bedroom is $1,469 a month.
ZIP 06078 — Suffield
The 06078 housing market is currently balanced, with a median sale price of approximately $440,000 and stable inventory levels. While price growth has softened slightly year-over-year, the market remains competitive for well-priced, move-in-ready homes. Buyers are advised to focus on property condition and value, as the market rewards those who account for maintenance and friction costs.
This ZIP is best suited for families seeking a suburban or semi-rural lifestyle with good schools, as well as commuters working in the Hartford or Springfield metro areas.
Median prices moved down 1.1% year over year.
Homes spend a median of 40 days on market with 4.1 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 99% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.6% · poverty 5.3% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 06078, Hartford County, CT
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Suffield public schools are generally well-regarded, serving as a primary draw for families moving to the area.
The area is subject to standard New England climate risks, including winter storm exposure and localized flood risks in low-lying areas near the Connecticut River.
Economic momentum is driven by proximity to the Hartford-Springfield corridor, with major employment hubs in aerospace, insurance, and healthcare within commuting distance.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Connecticut) — Municipal Real Property Tax Assessment & Mill Rate Mechanics: Under C.G.S. § 12-62a, all taxable real property is assessed uniformly at a mandatory 70% assessment ratio of its fair market value (FMV). Real property tax is computed annually using the formula: Assessed Value = Fair Market Value × 0.
Residents primarily commute by car toward Hartford, CT, or Springfield, MA, via I-91, with typical drive times ranging from 20 to 35 minutes depending on traffic.
The area features access to the Connecticut River for boating, several local parks, and proximity to regional golf courses and rural hiking trails.
The rental market is characterized by limited inventory and steady demand, with investors often facing challenges related to tenant stability and maintenance costs on older housing stock.
The local economy is anchored by proximity to major employers in the Hartford-Springfield metro area, including insurance, healthcare, and education sectors.
Transportation is heavily reliant on private vehicles, with I-91 serving as the primary north-south artery for regional connectivity.
Development is largely focused on residential infill and maintaining the town's historic character, with limited large-scale commercial expansion.
The Town of Suffield Assessor's office manages property valuations, with revaluations occurring periodically per state law.
Parcels are subject to municipal property taxes and may fall within specific fire or water district jurisdictions.
Property insurance premiums are influenced by regional hazard profiles, including wind and winter storm risks common to Northern Connecticut.
Connecticut is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Connecticut law requires sellers to provide a standard residential property condition disclosure report to buyers.
Data retrieved from US Census Bureau ZCTA 06078 profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Historic central gathering space for community events.
Features trails and outdoor recreational space.
Provides access for fishing, boating, and scenic views.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.