The housing market in Wethersfield, CT is a vibrant one. The median value of homes is currently at $317,200, which is slightly lower than the US house median value of $338,100. However, in the past year, house appreciation in Wethersfield has been higher than the national average at 10.23%, compared to 8.27%. This high appreciation rate suggests that there is increasing demand for homes in this area and that it may be an attractive option for those looking to buy or invest in property.
The median home cost in Wethersfield is $317,200. Home appreciation the last 10 years has been 41.7%. Home Appreciation in Wethersfield is up 11.5%.
Average Age of Homes
- The median age of Wethersfield real estate is 57 years old
The Rental Market in Wethersfield
- Renters make up 20.2% of the Wethersfield population
- 0.5% of houses and apartments in Wethersfield, 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.