New Fairfield, CT is a great place to invest in housing. The median value of houses in New Fairfield is $459,600, which is significantly higher than the US median house value of $338,100. Furthermore, the house appreciation rate for the past year has been 9.97%, much higher than the average 8.27% appreciation rate seen across the US for the same period. Investing in real estate in New Fairfield is clearly a smart financial move and could result in significant returns over time.
The median home cost in New Fairfield is $459,600. Home appreciation the last 10 years has been 46.6%. Home Appreciation in New Fairfield is up 15.3%.
Average Age of Homes
- The median age of New Fairfield real estate is 49 years old
The Rental Market in New Fairfield
- Renters make up 3.2% of the New Fairfield population
- 0.0% of houses and apartments in New Fairfield, 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.