West Simsbury, CT is a great place to invest in real estate. The median value of housing in this area is $497,600 which is significantly higher than the U.S. median value of $338,100. According to recent statistics, the U.S. had a 1 year house appreciation rate of 8.27%, whereas the 1 year house appreciation rate in West Simsbury was even higher at 9.34%. With these strong figures in mind, now is a great time to invest in this area as its property values will continue to rise over time!
The median home cost in West Simsbury is $497,600. Home appreciation the last 10 years has been 44.2%. Home Appreciation in West Simsbury is up 14.1%.
Average Age of Homes
- The median age of West Simsbury real estate is 46 years old
The Rental Market in West Simsbury
- Renters make up 11.6% of the West Simsbury population
- 0.0% of houses and apartments in West 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.