The housing market in Waterford, CT has seen a healthy appreciation over the past year. With a median value of $344,500, it is slightly higher than the US median home value of $338,100. This is likely due to the 11.43% appreciation rate that Waterford homes have seen over the past year, compared to the 8.27% appreciation rate in the US as a whole. As you can see, this makes Waterford an attractive and stable option for potential homeowners looking to invest in real estate.
The median home cost in Waterford (zip 06385) is $344,500. Home appreciation the last 10 years has been 58.4%. Home Appreciation in Waterford (zip 06385) is up 13.4%.
Average Age of Homes
- The median age of Waterford (zip 06385) real estate is 54 years old
The Rental Market in Waterford (zip 06385)
- Renters make up 13.6% of the Waterford (zip 06385) population
- 1.4% of houses and apartments in Waterford (zip 06385), 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.