East Brooklyn, CT is a great place to invest in property due to its significantly higher house appreciation rate than the national average. In 2019, the median housing value in East Brooklyn was $245,400 whereas the US median was $338,100. The US saw an 8.27% appreciation of houses over the year; however, East Brooklyn saw a 10.82% increase in its housing value. This indicates that investing in property in East Brooklyn is a wise decision, as it outperforms the general trends of the market.
The median home cost in East Brooklyn is $245,400. Home appreciation the last 10 years has been 49.9%. Home Appreciation in East Brooklyn is up 10.2%.
Average Age of Homes
- The median age of East Brooklyn real estate is 57 years old
The Rental Market in East Brooklyn
- Renters make up 32.9% of the East Brooklyn population
- 0.0% of houses and apartments in East Brooklyn, 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.