Simsbury, CT is a desirable area to live with a median housing value of $392,400 which is significantly higher than the national median value of $338,100. The US 1 year House Appreciation rate is 8.27%, while Simsbury’s appreciation rate was even higher at 9.34%. This indicates that homes in Simsbury continue to grow in value faster than many other parts of the country and make it an attractive place to purchase property.
The median home cost in Simsbury is $392,400. Home appreciation the last 10 years has been 44.2%. Home Appreciation in Simsbury is up 14.1%.
Average Age of Homes
- The median age of Simsbury real estate is 47 years old
The Rental Market in Simsbury
- Renters make up 13.6% of the Simsbury population
- 0.0% of houses and apartments in Simsbury, 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.