East Hampton, CT is a desirable location to live in part because of its high housing median value. The median housing value for the town is $315,400, which is significantly higher than the US median house value of $338,100. In comparison to nationwide trends, East Hampton has experienced higher than average appreciation rates over the past year at 10.61%, while the nation's 1 year house appreciation rate is 8.27%. This means that home values in East Hampton have grown more quickly than other parts of the country and shows that East Hampton remains an attractive place for home buyers.
The median home cost in East Hampton is $315,400. Home appreciation the last 10 years has been 47.1%. Home Appreciation in East Hampton is up 13.4%.
Average Age of Homes
- The median age of East Hampton real estate is 41 years old
The Rental Market in East Hampton
- Renters make up 10.9% of the East Hampton population
- 1.1% of houses and apartments in East Hampton, 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.