The housing market in Somers, CT is flourishing. The median value of homes in the area is $387,200 which is significantly higher than the US House Median Value of $338,100. In the last year alone, house appreciation in Somers has been 9.34%, higher than the US 1 year House Appreciation of 8.27%. This indicates that buying a home or investing in property in Somers would be a wise decision as it will likely increase in value over time.
The median home cost in Somers is $387,200. Home appreciation the last 10 years has been 44.2%. Home Appreciation in Somers is up 14.1%.
Average Age of Homes
- The median age of Somers real estate is 43 years old
The Rental Market in Somers
- Renters make up 13.2% of the Somers population
- 0.0% of houses and apartments in Somers, 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.