The housing market in Cos Cob, CT is much higher than the national average. The median house value in Cos Cob is $1,121,400 which is far greater than the US House Median Value of $338,100. In comparison to the appreciation rate of 8.27% for homes nationally, houses in Cos Cob have appreciated at a rate 9.97%. This indicates that homes in the area continue to be highly desirable and have seen an increase in value over the past year.
The median home cost in Cos Cob is $1,121,400. Home appreciation the last 10 years has been 46.6%. Home Appreciation in Cos Cob is up 15.3%.
Average Age of Homes
- The median age of Cos Cob real estate is 55 years old
The Rental Market in Cos Cob
- Renters make up 22.1% of the Cos Cob population
- 0.3% of houses and apartments in Cos Cob, 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.