Southbury, CT is a great place to live and own a home. The median value of housing in Southbury is $363,600 which is significantly higher than the US house median value of $338,100. This speaks to the desirability of owning a property in Southbury. In the last year, the US House Appreciation was 8.27%, while Southbury saw an even higher appreciation rate of 10.61%. This indicates that homes in Southbury have been increasing in value at a faster rate than other areas in the country. Investing in real estate in Southbury can be an excellent decision, as it not only provides residents with a desirable place to live but also offers potential financial rewards through increased value.
The median home cost in Southbury is $363,600. Home appreciation the last 10 years has been 47.1%. Home Appreciation in Southbury is up 13.4%.
Average Age of Homes
- The median age of Southbury real estate is 40 years old
The Rental Market in Southbury
- Renters make up 12.8% of the Southbury population
- 0.3% of houses and apartments in Southbury, 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.