The story of this market
The typical home in ZIP 06470 sells for about $750,000, or $275 per square foot.
Prices are down 10.26% from a year ago, which gives buyers more room to negotiate. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,873 a month.
ZIP 06470 — Newtown
The Newtown housing market is experiencing a period of price stabilization following recent volatility, with inventory levels remaining tight. Buyer demand remains steady, supported by the area's strong school system and suburban appeal, though higher interest rates have tempered the pace of sales compared to previous years.
This ZIP is ideal for families seeking high-quality schools and a quiet, nature-oriented suburban lifestyle, as well as professionals commuting to nearby regional employment centers.
Median prices moved down 10.3% year over year.
Homes spend a median of 42 days on market with 3.2 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.1% · poverty 3.7% — 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 2.4%/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 2.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 06470, Fairfield 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.
Newtown generally reports low crime rates, consistently ranking as one of the safer communities in Fairfield County and the state of Connecticut.
The area is served by the Newtown Public Schools district, which is highly regarded for its academic performance and robust extracurricular offerings.
The region faces moderate risks from severe storms and wind, with localized flood risks in low-lying areas near water bodies; property insurance premiums are stable but reflect regional hazard exposure.
Economic momentum is driven by its proximity to the Danbury and Bridgeport employment hubs, with a focus on maintaining a suburban, residential character rather than large-scale commercial expansion.
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 via I-84 toward Danbury or toward the Metro-North rail stations in nearby towns for access to the New York City employment core.
The area features extensive outdoor amenities including Huntington State Park, numerous town parks, hiking trails, and proximity to Lake Lillinonah for water-based recreation.
The rental market is characterized by low vacancy pressure and high demand for single-family home rentals, with limited multi-family inventory available.
The local economy is supported by a mix of professional services, healthcare, and education, with many residents employed in the broader Bridgeport-Stamford-Danbury metropolitan area.
Transportation is heavily reliant on private vehicles, with I-84 serving as the primary artery for regional travel.
Development is strictly managed through local zoning to preserve the town's rural and suburban character, with minimal large-scale commercial projects currently in the pipeline.
The town assessor manages property valuations, with revaluations occurring periodically to ensure assessments align with market conditions.
Parcels are subject to municipal taxes and the Newtown Public Schools district, with no significant MUD or PID structures common in this area.
Property insurance remains stable, though homeowners are encouraged to maintain adequate coverage for wind and storm-related damages common in New England.
Data retrieved from data.census.gov ZCTA-level tables.
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.
Large state park offering extensive hiking, equestrian, and mountain biking trails.
Major water body providing boating, fishing, and scenic waterfront access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.