Housing in Quinebaug, CT is in high demand due to its lower median value compared to the US House Median Value. The median housing value for Quinebaug, CT is $215,600 which is significantly lower than the US median value of $338,100. This makes it a more attractive option for those looking to buy a home or invest in the area. The 1 year house appreciation rate for Quinebaug, CT is also higher than the US average of 8.27%, coming in at 10.82%. This means that houses are increasing in value at a faster rate than other parts of the country and could be an appealing investment opportunity.
The median home cost in Quinebaug is $215,600. Home appreciation the last 10 years has been 49.9%. Home Appreciation in Quinebaug is up 10.2%.
Average Age of Homes
- The median age of Quinebaug real estate is 53 years old
The Rental Market in Quinebaug
- Renters make up 13.6% of the Quinebaug population
- 0.0% of houses and apartments in Quinebaug, 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.