The housing market in Guilford, CT is booming. The median value of a home in Guilford is $504,900, which is significantly higher than the US median value of $338,100. This difference indicates that homes are more expensive in Guilford compared to the national average. Furthermore, the 1 year house appreciation rate in Guilford is 10.61%, significantly larger than the 8.27% appreciation rate nationally. This indicates that investing in real estate in Guilford can be a lucrative endeavor for potential buyers and sellers alike.
The median home cost in Guilford is $504,900. Home appreciation the last 10 years has been 47.1%. Home Appreciation in Guilford is up 13.4%.
Average Age of Homes
- The median age of Guilford real estate is 43 years old
The Rental Market in Guilford
- Renters make up 13.1% of the Guilford population
- 1.4% of houses and apartments in Guilford, 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.