Connecticut Mortgage Rates & Home Prices (2026)
Median price: $385,000 · Avg. rate: 6.85%
Connecticut Market Overview
$385,000
Median Home Price
6.85%
Avg. 30-Yr Rate
2.15%
Property Tax Rate
66.1%
Homeownership Rate
Connecticut's housing market varies significantly between Fairfield County (NYC commuter belt) and more affordable eastern regions. The state has one of the highest property tax rates in the nation, which impacts total housing costs. CHFA offers up to $20,000 in down payment assistance.
Estimated Monthly Payment
Median home in Connecticut (20% down, 30-yr fixed)
$2,868/mo
Principal & Interest$2,018
Property Taxes$690
Home Insurance (est.)$160
Total Monthly (PITI)$2,868
Based on a $385,000 home with 20% down ($308,000 loan) at 6.85%. Does not include PMI, HOA, or other fees.
First-Time Buyer Programs in Connecticut
- CHFA Downpayment Assistance Program
- Time to Own Program
- Military Homeownership Program
Contact your state's Housing Finance Agency for current program availability and requirements.
Rate Comparison: CT Rates
30-Year Fixed6.85%
15-Year Fixed6.08%
5/1 ARM (est.)6.10%
FHA 30-Year6.70%
VA 30-Year6.60%
Rates are estimates based on state averages and may vary by lender and borrower qualifications.
Frequently Asked Questions
Key Stats: CT
FHA Loan Limit$472,030
Median Income$90,213
Cost Index1.18x