The housing market in New Haven, CT County is thriving. The median value of homes in the area is $326,700, which is slightly lower than the US median value of $338,100. In the past year, houses have appreciated by an impressive 12.53%, which is much higher than the national average of 8.27%. This makes New Haven an attractive and desirable place to live as it offers a good quality lifestyle at an affordable price. With increasing appreciation rates and solid values, investing in real estate here appears to be a sound decision.
The median home cost in New Haven County is $326,700. Home appreciation the last 10 years has been 50.5%. Home Appreciation in New Haven County is up 13.9%.
Average Age of Homes
- The median age of New Haven County real estate is 56 years old
The Rental Market in New Haven County
- Renters make up 33.3% of the New Haven County population
- 2.0% of houses and apartments in New Haven County, 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.