Why Live in Prospect Hill
Prospect Hill in New Haven is a historic neighborhood known for its early 20th-century architecture and proximity to Yale University. The area features Tudor Revivals, Queen Annes, and shingle-style homes, many of which are listed on the National Register of Historic Places. These homes often come with generous yards, sometimes up to an acre, providing ample space despite the urban setting. The neighborhood is highly walkable, with residents frequently visiting local spots like Poppy's Coffee and Kitchen and Nica’s Market. State Street offers a pedestrian-friendly commercial corridor with various dining options. For outdoor activities, Edgerton Park and East Rock Park provide landscaped gardens, greenhouses, and scenic views, while the Farmington Canal Greenway trail offers a 50-mile paved path for biking and walking. The area is well-connected with sidewalk-lined roads, biking infrastructure, and public transportation options, including CT Transit buses and the nearby State Street Station for train travel to New York. Yale University, a major regional employer, is within walking distance, making the neighborhood popular among faculty and staff. Despite its central location, Prospect Hill maintains a low crime risk compared to the national average.
Frequently Asked Questions
Is Prospect Hill a good place to live?
Prospect Hill is a good place to live. Prospect Hill is considered somewhat walkable and bikeable with some transit options. Prospect Hill is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Prospect Hill has 7 parks for recreational activities. It is fairly dense in population with 14.3 people per acre and a median age of 30. The average household income is $103,994 which is above the national average. College graduates make up 75.9% of residents. A majority of residents in Prospect Hill are renters, with 75.8% of residents renting and 24.2% of residents owning their home. A
local real estate agent serving Prospect Hill can help you decide if this neighborhood is the right one for you. Learn more on our
Prospect Hill neighborhood guide.
Is Prospect Hill, CT a safe neighborhood?
Prospect Hill, CT is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Prospect Hill?
The median home price in Prospect Hill is $408,945. If you put a 20% down payment of $81,800 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,120 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $91K a year to afford the median home price in Prospect Hill. The average household income in Prospect Hill is $104K.
What are the best public schools in Prospect Hill?
The best public schools that serve Prospect Hill are:
What are the best private schools in Prospect Hill?
The best private schools that serve Prospect Hill are:
What are the most popular zip codes in Prospect Hill, New Haven, CT?
What are the most popular neighborhoods near Prospect Hill, New Haven, CT?
Home Trends in Prospect Hill, CT
On average, homes in Prospect Hill, New Haven sell after 21 days on the market compared to the national average of 70 days. The median sale price for homes in Prospect Hill, New Haven over the last 12 months is $389,990, up 70% from the median home sale price over the previous 12 months.
Median Sale Price
$389,990
Median Single Family Sale Price
$406,898
Average Price Per Sq Ft
$182
Number of Homes for Sale
2
Last 12 months Home Sales
6
Median List Price
$408,945
Median Change From 1st List Price
-1%
Median Home Sale Price YoY Change
70%