Lake Pocotopaug, CT is a desirable place to live due to its attractive housing market. The median value of homes in this area is $289,500, which is lower than the US median house value of $338,100. In the last year, the appreciation rate for houses in Lake Pocotopaug was 10.61%, higher than the US appreciation rate of 8.27%. This trend indicates that Lake Pocotopaug is a great place to invest in real estate and offers potential homeowners an excellent opportunity for growth.
The median home cost in Lake Pocotopaug is $289,500. Home appreciation the last 10 years has been 47.1%. Home Appreciation in Lake Pocotopaug is up 13.4%.
Average Age of Homes
- The median age of Lake Pocotopaug real estate is 41 years old
The Rental Market in Lake Pocotopaug
- Renters make up 12.9% of the Lake Pocotopaug population
- 1.3% of houses and apartments in Lake Pocotopaug, 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.