Real Estate Investing in Middlebury, Connecticut (06762)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 06762 (Middlebury, CT)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Middlebury, CT (06762)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 06762 Middlebury
Investors eyeing 06762 need to respect the fundamentals at play. Home values of $556K come alongside slower price movement and elevated management overhead.
The investment case in 06762 is durable only for operators who understand what they are buying. A $556K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Regionally, 06762 sits on the difficult end of the CT spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.
Resident income in 06762 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The right play in 06762 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Middlebury:
Property Strategy for 06762
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $441,601 | $2,100 | 3.4% | +9.7% | $220,800 |
| 3BR | $516,432 | $2,600 | 3.6% | +10.0% | $172,144 |
| 4BR | $647,586 | $3,060 | 3.4% | — | $161,896 |
| 5BR | $796,351 | — | — | — | $159,270 |
Market Trends
Home Value History (with trend line)
📊 How Does 06762 Compare?
| Metric | 06762 | Middlebury | New Haven-Milford, CT | Connecticut |
|---|---|---|---|---|
| Home Value | $556,489 | $556,489 | N/A | $425,784 |
| 5-Year CAGR | 7.3% | 7.3% | N/A | 9.3% |
| Avg Rent | $1,890 | $1,890 | N/A | - |
| Cap Rate | 2.7% | 2.7% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 06762 (Middlebury, CT). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 06762 (Middlebury, CT)?
~25 seconds · no account needed · your report is anonymous
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
CPE Property Management offers Connecticut HOA & Condo Management services. summary from their website
titan1313.com is a domain name for sale. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $556,489 |
| Monthly Rent | $1,890 |
| Price-to-Rent | 24.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.7% |
| 5-Year IRR | 10.0% |
📈 Home Appreciation
| 1-Year | +5.0% ▲ |
| 3-Year CAGR | +6.3% ▲ |
| 5-Year CAGR | +7.3% ▲ |
| 10-Year CAGR | +5.8% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.7%). 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.
Demographics in 06762
Population: 7,736
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 06762
Schools in This ZIP Code
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
Frequently Asked Questions
How expensive is real estate in Middlebury, CT?
The median home value in Middlebury, CT is roughly $556K. That puts it reasonable relative to the CT statewide average.
Is Middlebury, CT a good place for real estate investing?
Middlebury, CT records an investability rating of 3.0/5, with median home values near $556K and average rents around $1,890/mo. That combination puts it in the healthy tier for investor interest.
How viable is house hacking in Middlebury, CT?
The house hack math a challenging in Middlebury, CT. Owner-occupant buyers benefit from the $1,890/mo rents and $556K home values.
What monthly rent should investors expect in Middlebury, CT?
Rental rates in Middlebury, CT average $1,890/mo. Tenant demand and $556K home values make the yield look reasonable by investor standards.
What is the tenant pool like in Middlebury, CT?
The tenant pool in Middlebury, CT is solid, supported by local employment and population fundamentals. Rents of $1,890/mo are well-absorbed by the market.
You know 06762 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 06762 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 06762 ranks in New Haven-Milford, CT
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 06762 (Middlebury)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 06762 (Middlebury, CT).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.