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CondominiumResidential

500 Prospect St

NEW HAVEN, CT 06511
1988
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
Built 198726 units1,051–1,331 ft²
$7.8M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$376K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$297
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

+13.4%vs the New Haven ZIP median sale $/ft² ($262)

Sales Performance

$334K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
-12.1%
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
3
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
11.5%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+2.1%per yeartypical hold 7.8 yrsfrom 65 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
19871995200020052012201720212026
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
19871995200020052012201720212026

91 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$303K$349K$396K$443K1,051 ft²1,107 ft²1,163 ft²1,219 ft²1,275 ft²1,331 ft²
1 bd2 bd
1 bed
1 unit
2 bed
25 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
2 bd · 2 ba · 1,267 ft²
16 units
2 bd · 2 ba · 1,331 ft²
3 units
2 bd · 1 ba · 1,051 ft²
2 units
2 bd · 1 ba · 1,105 ft²
2 units
One-off layouts
3 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$303K–$303K
1 unit
$324K–$336K
4 units
$345K–$345K
1 unit
$367K–$367K
1 unit
$375K–$390K
8 units
$393K–$405K
3 units
$413K–$415K
2 units
$443K–$443K
1 unit

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.73%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.15%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.8.5 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.64%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.30%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$397,518
Median tax billThe middle annual property tax bill among the building's units.$7,458
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.1

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountySOUTH CENTRAL CONNECTICUT
RoofThe main material covering the roof, such as asphalt shingle or tile.Roll Tar & Gravel
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

District: New Haven School District

Neighborhood · ZIP 06511These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.113
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.117
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.65

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.91%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.21%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.24%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.55,979
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.8,955 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$57,497
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$93,046
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.48 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 500 Prospect St

How many units are in 500 Prospect St, New Haven, CT?

500 Prospect St, New Haven, CT has 26 residential units across built in 1987, according to county assessor records.

What is a unit at 500 Prospect St, New Haven, CT worth?

The median TopHap Estimate across the 26 units at 500 Prospect St, New Haven, CT is $376,136. That works out to $297 per square foot. Units run from 1,051 to 1,331 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 500 Prospect St, New Haven, CT expensive for New Haven?

Units at 500 Prospect St, New Haven, CT carry a median of $297 per square foot, 13% above the New Haven median of $262 per square foot.

How often do units sell at 500 Prospect St, New Haven, CT?

3 units at 500 Prospect St, New Haven, CT sold in the last 12 months, out of 91 recorded arms-length sales all time. That is a turnover rate of 11.5% of the building per year. The median sale over that period was $334K.

Have units at 500 Prospect St, New Haven, CT appreciated?

Across 65 repeat sales of the same unit, 500 Prospect St, New Haven, CT returned a median 2.1% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 7.8 years.

What floor plans does 500 Prospect St, New Haven, CT have?

The most common plan at 500 Prospect St, New Haven, CT is a 2-bedroom of 1,267 square feet, repeated 16 times, with a median estimate of $376,254. TopHap identifies 4 recurring plans in the building.

More homes on Prospect St

Closest homes

More homes in New Haven 06511

Assigned schools

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See this home in context

Open 500 Prospect St on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

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A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map