The housing in Westport, CT is significantly more expensive than the national median value of homes. The median value of a home in Westport, CT is almost $1.5 million, while the US median is only $338,100. While the US experienced an 8.27% house appreciation rate over one year, Westport experienced a 9.97% appreciation rate. This indicates that Westport has an extremely desirable real estate market, which often drives up values and appreciation rates beyond the national average.
The median home cost in Westport is $1,473,500. Home appreciation the last 10 years has been 46.6%. Home Appreciation in Westport is up 15.3%.
Average Age of Homes
- The median age of Westport real estate is 53 years old
The Rental Market in Westport
- Renters make up 13.0% of the Westport population
- 0.8% of houses and apartments in Westport, 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.