Gales Ferry, CT is a great place to invest in housing. According to current data, the median value of housing in Gales Ferry is $264,900 which is significantly lower than the US House Median Value of $338,100. In addition, Gales Ferry has experienced higher than average house appreciation over the past year at 11.43%, compared to the US 1 year House Appreciation rate of 8.27%. This suggests that investing in housing in Gales Ferry could be a wise move for those looking for a long-term return on their investment.
The median home cost in Gales Ferry is $264,900. Home appreciation the last 10 years has been 58.4%. Home Appreciation in Gales Ferry is up 13.4%.
Average Age of Homes
- The median age of Gales Ferry real estate is 56 years old
The Rental Market in Gales Ferry
- Renters make up 0.0% of the Gales Ferry population
- 0.0% of houses and apartments in Gales Ferry, 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.