Housing in Branford, CT is quite expensive compared to the rest of the US. The median value of a house in Branford is $376,900, which is significantly higher than the US median value of $338,100. Over the past year, Branford has also seen significantly higher house appreciation than the US average; it stands at 10.61%, more than double the 8.27% seen nationally. This is reflective of the high demand for housing in this area and shows that it is an attractive area for potential buyers and sellers alike.
The median home cost in Branford is $376,900. Home appreciation the last 10 years has been 47.1%. Home Appreciation in Branford is up 13.4%.
Average Age of Homes
- The median age of Branford real estate is 46 years old
The Rental Market in Branford
- Renters make up 28.6% of the Branford population
- 1.6% of houses and apartments in Branford, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.