Real Estate Investing in Madison, Connecticut (06443)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

New Haven County • Population: 17,577 • Data updated: September 2026

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Should you buy in 06443 (Madison, CT)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (57/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 15.0% of homes vacant — above national norms.

What’s happening in Madison, CT (06443)?

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3.0/ 5

Investability

Overall investment appeal

4.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $729,591
Avg Monthly Rent $3,264
1% Rule ✗ Does Not Meet
Median Income $156,171
% Renters 10.1%

Market Analysis: 06443 Madison

The 06443 ZIP covers a section of Madison that demands careful diligence. Prices near $730K look accessible, but the work to make a deal cash flow is real.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 06443 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

Within CT, ZIP 06443 trails on several market indicators that neighboring New Haven County submarkets outperform. The gap is real and sturdy enough to shape underwriting.

Employment concentration in 06443 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Madison:

C+ Average
Buy Confidence Score: 69/100
Affordability
10/25
Appreciation
25/25
Stability
11/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.7× the median income
Value Trend
Rising (+6.9%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $3,264/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
⚖️
BALANCED MARKET
New Haven-Milford, CT Metro Area
Even conditions for buyers and sellers
28 days
Average time to sell
Fast
9.2%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from New Haven-Milford, CT metro data
🏠

Property Strategy for 06443

Which property type performs best in this market?

Best for Cash Flow
1BR
5.1% cap rate
Best for Appreciation
5BR
+13.3% 5yr CAGR
Best Overall Value
4BR
$199,109/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
1BR $311,536 $2,200 5.1% +8.2% $311,536
2BR $534,559 $2,720 3.7% +11.9% $267,279
3BR $628,830 $3,360 3.8% +11.1% $209,610
4BR $796,438 $3,970 3.6% +11.9% $199,109
5BR $1,170,649 +13.3% $234,130

Market Trends

Home Value History (with trend line)

$758K$676K$595K$513K$431K$349KApr 2006Jun 2016Jul 2026

Rent History (with trend line)

$5,809$5,203$4,598$3,993$3,387$2,782Feb 2026May 2026Jul 2026

📊 How Does 06443 Compare?

Metric 06443 Madison New Haven-Milford, CT Connecticut
Home Value $729,591 $729,591 N/A $425,784
5-Year CAGR 8.5% 8.5% N/A 9.3%
Avg Rent $3,264 $3,264 N/A -
Cap Rate 3.5% 3.5% - -
💡 Why Invest in 06443? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 06443 (Madison, CT). Anonymous, moderated, never written by AI.

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Property managers serving New Haven County

Manage rentals here? List your business →

Bassett Property Management serves real estate owners and investors. summary from their website

Unclaimed — is this your business? Claim it free

CPE Property Management offers Connecticut HOA & Condo Management services. summary from their website

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titan1313.com is a domain name for sale. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
3.5%
Low
5yr Growth
+8.5%
Strong

📊 Market Snapshot

Home Value $729,591
Monthly Rent $3,264
Price-to-Rent 18.6:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.4%
Cap Rate 3.5%
5-Year IRR 12.0%

📈 Home Appreciation

1-Year +6.9% ▲
3-Year CAGR +7.6% ▲
5-Year CAGR +8.5% ▲
10-Year CAGR +6.7% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.5%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.5%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
15.0%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+8.5%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 06443

Population: 17,577

💰 Median Household Income
$156,171
This area
$156,171
State
$105,835
USA
$74,580
🏠 Renter Occupied
10.1%
This area
10.1%
State
26.8%
USA
34.0%
💼 Unemployment Rate
4.5%
This area
4.5%
State
-3.3%
USA
3.7%
🎓 College Educated
69.8%
This area
69.8%
State
27.6%
USA
33.7%
👤 Median Age
51.3 years
This area
51.3 years
State
29.1 years
USA
38.9 years
🏚️ Vacancy Rate
15.0%
This area
15.0%
State
10.3%
USA
10.5%
👥 Population by Ethnicity
White 91.5%
Other/Mixed 4.8%
Asian 3.2%
Hispanic/Latino 2.3%
Black/African American 0.5%
👶 Under 18
19.5%
This area
19.5%
USA
22.0%
👴 65 and Over
24.1%
This area
24.1%
USA
17.3%
📊 Poverty Rate
1.2%
This area
1.2%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 06443

A+ Avg School Grade
5 Schools
10.8:1 Avg Class Size
$28,988 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Daniel Hand High School

📚 09 – 12 High School
👥
776 Students
👨‍🏫
9.8:1 Class Size
💰
$28,988 Per Student
A+ Excellent

Dr. Robert H. Brown Intermediate School

📚 04 – 05 Elementary
👥
345 Students
👨‍🏫
10.9:1 Class Size
💰
$28,988 Per Student
A+ Excellent

J. Milton Jeffrey Elementary School

📚 K – 03 Elementary
👥
383 Students
👨‍🏫
11.8:1 Class Size
💰
$28,988 Per Student
A+ Excellent

Kathleen H. Ryerson Elementary School

📚 K – 03 Elementary
👥
323 Students
👨‍🏫
11.1:1 Class Size
💰
$28,988 Per Student
A+ Excellent

Walter C. Polson Middle School

📚 06 – 08 Middle
👥
537 Students
👨‍🏫
10.3:1 Class Size
💰
$28,988 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

6 Nearby
C
TIGI Hairdressing Academy Guilford
63 students · 4.4 mi
C
Paul Mitchell the School-North Haven
191 students · 12.5 mi
C+
Branford Academy of Hair and Cosmetology
39 students · 12.5 mi
C
Academy Di Capelli-School of Cosmetology
188 students · 13.9 mi
C+
Quinnipiac University
8,918 students · 14.9 mi
B+
Wesleyan University
3,271 students · 14.9 mi

Frequently Asked Questions

Is housing expensive in Madison, CT?

Homes in Madison, CT typically sell near $730K. Prices have moved at a 0.0% 5-year CAGR, which consistent long-term demand.

What is the best play in Madison, CT?

Investors usually favor careful cash-flow rentals with hands-on management in Madison, CT. With home values at $730K and rents near $3,264/mo, other strategies can work but produce even-keeled rather than outsized returns.

Can I house hack in Madison, CT?

The a challenging house-hack environment in Madison, CT reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.

How strict are landlord regulations in Madison, CT?

CT law landlord-friendly for landlords, and Madison inherits those rules. Investors should still review local ordinances for rental licensing.

What do rentals go for in Madison, CT?

Rent in Madison, CT is around $3,264/mo. The resulting rent-to-value relationship with $730K pricing is reasonable for most investor models.

You know 06443 now. You don’t know where it ranks.

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How 06443 ranks in New Haven-Milford, CT

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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