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Sarah Mitchell
Compass Real Estate · ZIP 06437
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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06437 ZIP Code Housing Market
$614,500median sale price
What is the 06437 housing market like right now?
The median home sale price in ZIP code 06437 is $614,500, up 5.2% year-over-year. Homes sell in an average of 37 days with 73 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 06437 ZIP code a buyer's or seller's market?
ZIP code 06437 is currently a seller's market and homes selling in about 37 days. How we determine this →
What are the latest 06437 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $614,500 |
| Median list price | $699,000 |
| Year-over-year price change | +5.2% |
| Average days on market | 37 days |
| Active inventory | 73 listings |
| Sale-to-list price ratio | 103.7% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
The 06437 zip code, located in Guilford Center, CT, is currently classified as a seller's market. The median sale price stands at $614,500, representing a +5.2% change year over year. Homes in this area spend an average of 37 days on the market before going under contract. There are currently 73 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 06437 sits in the Guilford Center, CT area, roughly 3.7 miles from downtown Guilford Center. Because home prices are set street by street, this ZIP can move differently from Guilford Center's citywide averages. The figures below reflect 06437 specifically — drawn from Redfin transactions, U.S. Census data for its 22,067 residents, and Zillow value estimates.
Homes sold
62
Last 12 weeks
Days on market
37
Average pace
Active listings
73
Sale-to-list
103.7%
Above asking
What is driving the 06437 housing market?
The 06437 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a seller's market, homes are selling at approximately 103.7% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 06437 have increased +5.2% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 06437 stands at $647,438, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $3,375 per month. This gives a price-to-rent ratio of approximately 16.0, which sits in a moderate range where the buy-versus-rent decision depends heavily on individual financial circumstances and time horizon. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 06437?
Population
22,067
Median income
$137,615/yr
Median age
51.2 years
Owner-occupied
83.6%
College grads
60.5%
Avg commute
24.21 min
What is it like living in 06437?
Zip code 06437 is home to approximately 22,067 residents. The median household income is $137,615 per year, which shapes the types of homes and amenities available in the area. With a median age of 51.2 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 83.6% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 60.5% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 24.21 minutes, which is close to the national average. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 06437.
Which public schools serve ZIP 06437?
7 schools tracked · 3,095 students
The largest public schools serving ZIP code 06437 by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Guilford High School
Grades 9-12 · 1,026 students
A. Baldwin Middle School
Grades 5-6 · 483 students
E. C. Adams Middle School
Grades 7-8 · 482 students
Guilford Lakes School
Grades PK-4 · 348 students
Melissa Jones School
Grades K-4 · 278 students
A. W. Cox School
Grades K-4 · 260 students
Calvin Leete School
Grades K-4 · 218 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 06437
What is the median home price in 06437?
The current median sale price in 06437 is $614,500, based on recent Redfin transaction data. Prices have changed +5.2% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 06437 a buyer's or seller's market?
The 06437 zip code is currently classified as a seller's market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 06437?
Zip code 06437 has a population of approximately 22,067 residents. The median household income is $137,615 per year. About 83.6% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 06437?
Properties Incorporated provides comprehensive data for 06437 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 06437 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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