Market Overview
Home Prices in Killingly, CT
The median home value in Killingly, CT is $370,461 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.7% compared to a year ago and up 8.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Killingly are priced10% below average. Killingly is part of the Worcester, MA-CT metro area.
Over the past five years, Killingly home values have risen by approximately37.6%, reflecting strong long-term appreciation in this market.
Price History
Killingly Home Price Trend
City Comparison
Killingly vs. National Median
At $370,461, homes in Killingly cost 10% below the national median of $410,000. This makes Killingly a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Killingly?
20% Down Payment
$74,092
on $370,461
Monthly P&I
$1,932/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,454/mo
incl. taxes & insurance
Income Needed
$98,160
gross annual (30% rule)
10% Down Option
$37,046
+ PMI applies
Loan Amount (20% dn)
$296,369
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Killingly, CT?
The median home value in Killingly is $370,461 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.7% year-over-year.
How much have home prices changed in Killingly?
Over the past year, home values in Killingly have increased by 2.7%. Over five years, prices have risen approximately 37.6%.
How much do I need to earn to buy a home in Killingly?
To comfortably afford the median home price of $370,461 with a 20% down payment ($74,092) at today's rates (6.8%), you'd need a gross annual income of approximately $98,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Killingly compare to the national average home price?
The national median home value is approximately $410,000. At $370,461, homes in Killingly are 10% below the national average.
What metro area is Killingly part of?
Killingly is part of the Worcester, MA-CT metropolitan area. Home prices and market conditions can vary across the broader metro region.