06249, Lebanon, CT

The 6249 zip code of Lebanon, CT has a median home value of $191,000. This is higher than the Connecticut median home value of $157,500. The 6249 zip code also has a lower than average unemployment rate of 3.8%. This is likely due to the presence of several large corporations in the area, such as GE and United Technologies Corporation.

The average monthly mortgage payment for homes in the 6249 zip code is $1,527. This is lower than the Connecticut median mortgage payment of $1,771. The 6249 zip code also has a lower than average interest rate of 4%.

There are many factors that contribute to home equity and home prices in a given area. Some key factors include population density, job market conditions, housing stock availability and price trends.

Overall, it appears that homes in the 6249 zip code are relatively affordable and offer good opportunities for homeownership.