The housing market in Shelton, CT is thriving. The median value of houses in Shelton is $444,300, which is significantly higher than the US median of $338,100. Furthermore, the 1 year house appreciation rate for Shelton is 10.61%, much higher than the 8.27% appreciation rate for US homes over the same period. It is clear that Shelton remains a desirable area to live and invest in real estate.
The median home cost in Shelton is $444,300. Home appreciation the last 10 years has been 47.1%. Home Appreciation in Shelton is up 13.4%.
Average Age of Homes
- The median age of Shelton real estate is 42 years old
The Rental Market in Shelton
- Renters make up 18.8% of the Shelton population
- 0.1% of houses and apartments in Shelton, 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.