Southport, CT is an affluent town with a high median value for housing. According to the data provided, the median house value in Southport is $854,200 which is more than double that of the US median value of $338,100. In addition to having a higher initial value than the national average, Southport also has seen greater gains in house appreciation over the course of the past year with an increase of 9.97% compared to 8.27% nationally. This means that investing in housing in Southport is a wise decision as it both begins with a higher value and will appreciate at a faster rate than most other areas in the US.
The median home cost in Southport is $854,200. Home appreciation the last 10 years has been 46.6%. Home Appreciation in Southport is up 15.3%.
Average Age of Homes
- The median age of Southport real estate is 66 years old
The Rental Market in Southport
- Renters make up 20.8% of the Southport population
- 0.0% of houses and apartments in Southport, 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.