The housing market in Bantam, CT is thriving, with the median value of homes being significantly lower than the US median value. Homeowners here can expect to see an appreciation rate of 11.76% over the past year, compared to 8.27% for the US overall. This could be attributed to Bantam's desirable location and low cost of living, making it a attractive option for potential homebuyers and investors alike.
The median home cost in Bantam is $274,000. Home appreciation the last 10 years has been 52.2%. Home Appreciation in Bantam is up 13.4%.
Average Age of Homes
- The median age of Bantam real estate is 67 years old
The Rental Market in Bantam
- Renters make up 34.4% of the Bantam population
- 0.0% of houses and apartments in Bantam, 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.