Southington, CT is an attractive housing market, with a median home value of $353,500 that is slightly above the national median of $338,100. Additionally, the 1 year house appreciation rate in Southington has been 10.61%, whereas the US average was 8.27%. This indicates that Southington is a desirable location for those looking to purchase a home and take advantage of growth in the housing market.
The median home cost in Southington is $353,500. Home appreciation the last 10 years has been 47.1%. Home Appreciation in Southington is up 13.4%.
Average Age of Homes
- The median age of Southington real estate is 44 years old
The Rental Market in Southington
- Renters make up 16.2% of the Southington population
- 0.7% of houses and apartments in Southington, 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.