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Murray CDP, CT

ZIP 06824 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Wealthy AreaLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 06824

Median Home Value
$827,200
Median Rent
$2,075
Affordability Snapshot
$228,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$5,314/mo PITI).

13%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.3x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

33.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 06824 in Murray CDP, CT, a household would need roughly $228,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $5,314. That is about 18% above the local median household income ($193,149), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
84.5%+29% vs US avg
x
Vacancy Rate
4.5%-57% vs US avg
x
Broadband Access
97.1%+12% vs US avg
x
4+ Bedrooms
13.3%-10% vs US avg
x
Built Pre-1939
11.0%-14% vs US avg
x
Built Post-2014
0.6%-91% vs US avg
x
Rent Burden >30%
22.0%-56% vs US avg
x
Mortgage-Free
34.0%-11% vs US avg
x
$827,200
Home Value
$2,075
Rent
1962
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached81.5%
  • 1-unit attached6.5%
  • 2-9 units9.7%
  • 10+ units2.0%
  • Mobile home & other0.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$827,200
Median rent$2,075
Owner-occupied84.5%
Vacant4.5%
Price-to-income4.3x
Est. income to buy$228,000