Mansfield, CT is a great place for housing. The median value of homes in the town is $312,300, which is much lower than the US housing median value of $338,100. In the past year, the US has experienced an appreciation rate of 8.27%, while Mansfield has had a larger appreciation rate of 10.82%. This makes now an ideal time to invest in housing in Mansfield, and it’s likely that home values will continue to increase as time goes on.
The median home cost in Mansfield is $312,300. Home appreciation the last 10 years has been 49.9%. Home Appreciation in Mansfield is up 10.2%.
Average Age of Homes
- The median age of Mansfield real estate is 42 years old
The Rental Market in Mansfield
- Renters make up 31.9% of the Mansfield population
- 3.9% of houses and apartments in Mansfield, 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.