The story of this market
The typical home in ZIP 06388 sells for about $875,000, or $577 per square foot.
Prices are roughly flat from a year ago (+0.01%), a market in balance. Homes take about 82 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,985 a month.
ZIP 06388 — West Mystic
ZIP 06388 is a unique PO Box-only ZIP code in West Mystic, CT, for which no specific census or demographic data is published. Market figures provided reflect the broader Stonington, CT market context as specific ZIP-level sales data is not available for this location. The market is currently balanced with limited inventory and stable pricing.
Median prices moved up 0.0% year over year.
Homes spend a median of 82 days on market with 3.4 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 92.7% of asking — demand is running ahead of supply.
Awaiting this reading — not graded.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Connecticut) — Municipal Real Property Tax Assessment & Mill Rate Mechanics: Under C.G.S. § 12-62a, all taxable real property is assessed uniformly at a mandatory 70% assessment ratio of its fair market value (FMV). Real property tax is computed annually using the formula: Assessed Value = Fair Market Value × 0.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.