Trumbull, CT is a desirable location for homebuyers due to its high median home value of $521,600. This is almost double the US House Median Value of $338,100 and shows the strength of the Trumbull housing market. Additionally, house appreciation in Trumbull over the past year has been 12.96%, more than four percentage points higher than the national average of 8.27%. This makes buying a home in Trumbull an attractive option for those looking to invest in real estate and take advantage of favorable conditions.
The median home cost in Trumbull is $521,600. Home appreciation the last 10 years has been 62.9%. Home Appreciation in Trumbull is up 16.6%.
Average Age of Homes
- The median age of Trumbull real estate is 52 years old
The Rental Market in Trumbull
- Renters make up 10.4% of the Trumbull population
- 1.2% of houses and apartments in Trumbull, 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.