Home Value Trail

States › Connecticut › ZIP 06068

ZIP code

ZIP 06068

County not mapped · Connecticut

FHFA annual index 2002–2021Developmental ZIP indexIndex vintage March 31, 2026
FHFA house price index for ZIP 06068, 2002 to 2021, with the national index rebased to the same start and NBER recessions shadedRecession 2007–09Recession 20205010015020025020052010201520202025United StatesPeak 2020: 2012021: 194
ZIP 06068 (100 = first year)United States, rebased to the same startNBER recessionPeak before the latest index value

FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. FHFA describes its ZIP code indexes as developmental: they may be revised as new data arrive or methods change, and the index does not give a dollar value for any home.

Connecticut ZIP 06068 has 20 years of index history. Since 2002 the FHFA index has moved from 100 to 194, a change of +93.6%. FHFA's most recent value for this area is for 2021, so every span here ends in 2021.

Over the ten years to 2021 the index rose +44.2%, about +3.7% a year: well above Connecticut (+18.3%) and below the national index (+58.3%). The change over 2020–2021 was −3.5%.

From its 2007 peak the index fell −24.8% to a 2015 low and regained the peak in 2020.

−3.5%1 year, 2020–2021US +11.6%
+28.3%5 years, 2016–2021US +33.4%
+44.2%10 years, 2011–2021+3.7% a year annualised
—since 2000US +96.1%

Same span, five levels

Change in the FHFA indexZIP 06068CountyMetro areaConnecticutUnited States
1 year (2020–2021)−3.5%——+12.0%+11.6%
5 years (2016–2021)+28.3%——+21.2%+33.4%
10 years (2011–2021)+44.2%——+18.3%+58.3%
20 years (2001–2021)———+49.7%+83.8%
Since 2000———+61.6%+96.1%
Since 2002+93.6%——+37.8%+74.4%
10-year annualised+3.7%——+1.7%+4.7%
20-year annualised———+2.0%+3.1%

Every column uses FHFA's annual all-transactions index family and the same start and end years, so the figures are directly comparable. A dash means the level has no index for that span or no county is mapped to this ZIP.

Decade by decade

DecadeChangeUnited States
2010s (2010–2020)+57.4%+35.5%
2020s so far (2020–2021)−3.5%+11.6%

FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (2002 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 2002 are not shown.

Peak-to-low declines

Falls of 5% or more from a previous high in the annual index, and the year the earlier peak was regained.

PeakLowDeclinePeak regained
20072015−24.8%2020

Questions and answers

How much have home values in ZIP 06068 risen over 10 years?

The FHFA house price index for 06068 rose +44.2% between 2011 and 2021, about +3.7% a year compounded. Over five years the change was +28.3% and over one year −3.5%.

How does 06068 compare with Connecticut?

Over the same ten years to 2021, Connecticut rose +18.3% and the United States +58.3%, against +44.2% for the ZIP. No county index is attached to this ZIP.

What happened to prices in 06068 after 2007?

The index peaked in 2007, fell −24.8% to its 2015 low and passed the earlier peak again in 2020. Nationally the fall was −21.3% from 2007 to 2012.

How many homes are being built in 06068?

Building permits are published by place and county, not by ZIP code, and no county permit series is attached to this ZIP.

Where does the index for this ZIP come from?

From the Federal Housing Finance Agency's annual five-digit ZIP code house price index (all-transactions), last updated March 31, 2026. FHFA labels the ZIP-level indexes developmental: they are calibrated on appraisal values and sales prices for mortgages bought or guaranteed by Fannie Mae and Freddie Mac, and may be revised. The index tracks price changes for the same homes over time; it does not give a dollar value for any home.

Provenance

Index: Federal Housing Finance Agency, annual house price index for five-digit ZIP codes (all-transactions, developmental), last updated March 31, 2026, values 2002–2021, public domain. County, state and national comparison series are FHFA's annual indexes for those levels from the same release. ZIP to county assignment uses the Census Bureau's 2020 ZCTA-to-county relationship file (largest land share); county to metro uses OMB's July 2023 delineations. Permits: Census Bureau Building Permits Survey through August 2026. Errors in processing are corrected at the next build; see corrections. FHFA HPI datasets.