The housing median value in Old Greenwich, CT is quite high compared to the US house median value of $338,100. Despite this gap, the appreciation rate for housing in Old Greenwich is actually higher than the national average in the past year. This means that home values in Old Greenwich have increased 9.97%, which is almost two percent more than the national 8.27% rate of appreciation. This makes Old Greenwich a desirable place to purchase real estate due to its high quality houses and attractive appreciation rates.
The median home cost in Old Greenwich is $1,575,200. Home appreciation the last 10 years has been 46.6%. Home Appreciation in Old Greenwich is up 15.3%.
Average Age of Homes
- The median age of Old Greenwich real estate is 57 years old
The Rental Market in Old Greenwich
- Renters make up 12.1% of the Old Greenwich population
- 2.3% of houses and apartments in Old Greenwich, 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.