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.
Home Trends in Prospect Hill, CT
On average, homes in Prospect Hill, New Haven sell after 74 days on the market compared to the national average of 52 days. The median sale price for homes in Prospect Hill, New Haven over the last 12 months is $824,750, up 85% from the median home sale price over the previous 12 months.
Median Sale Price
$824,750
Median Single Family Sale Price
$1,500,000
Median 2 Bedroom Sale Price
$405,000
Average Price Per Sq Ft
$354
Number of Homes for Sale
4
Last 12 months Home Sales
10
Median List Price
$489,250
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
85%