Deep River, CT offers a great housing market with its median value of $321,700. This is slightly lower than the US house median value of $338,100, but it is still a great investment for those looking to purchase a home. The 1 year house appreciation rate in Deep River, CT is 10.61%, which is higher than the US average of 8.27%. This means that property values are increasing at an above-average rate and suggests that this area may be an attractive location for people looking for an investment opportunity in real estate.
The median home cost in Deep River is $321,700. Home appreciation the last 10 years has been 47.1%. Home Appreciation in Deep River is up 13.4%.
Average Age of Homes
- The median age of Deep River real estate is 56 years old
The Rental Market in Deep River
- Renters make up 15.1% of the Deep River population
- 1.9% of houses and apartments in Deep River, 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.