Naugatuck borough, CT is a great place to buy a home due to its relatively low housing median value of $235,000. This is significantly lower than the US House Median Value of $338,100, making it an attractive option for those looking to purchase property. Furthermore, Naugatuck borough has experienced an 11.76% one year house appreciation rate—higher than the US average of 8.27%. This suggests that purchasing a home in Naugatuck borough may be a wise investment with promising returns in the future.
The median home cost in Naugatuck is $235,000. Home appreciation the last 10 years has been 52.2%. Home Appreciation in Naugatuck is up 13.4%.
Average Age of Homes
- The median age of Naugatuck real estate is 51 years old
The Rental Market in Naugatuck
- Renters make up 31.1% of the Naugatuck population
- 0.9% of houses and apartments in Naugatuck, 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.