New Haven-Milford Metro Area, CT Housing

The housing market in New Haven-Milford, CT Metro Area is thriving. The median value for housing in this area is $326,700, which is just below the US average of $338,100. In the last year, the appreciation rate of homes in this area has been 12.53%, significantly higher than the 8.27% seen nationally. This shows a steady and healthy growth in the housing market and indicates that now might be a great time to invest in property here.

The median home cost in New Haven-Milford Metro Area is $326,700. Home appreciation the last 10 years has been 50.5%. Home Appreciation in New Haven-Milford Metro Area is up 13.9%.

Average Age of Homes

- The median age of New Haven-Milford Metro Area real estate is 56 years old

The Rental Market in New Haven-Milford Metro Area

- Renters make up 33.3% of the New Haven-Milford Metro Area population
- 2.0% of houses and apartments in New Haven-Milford Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	New Haven-Milford, Connecticut	United States
	368,720.0	139,647,020.0
	58	42
	$326,700	$338,100
	13.9%	16.6%
	48.9%	57.0%
	50.5%	101.1%
	$23.20	$10.98
	$6,018	$2,690
	56.7%	57.4%
	8.8%	11.2%
	34.6%	31.4%
Vacant Housing
	2.0%	1.9%
	0.4%	0.4%
	0.7%	0.7%
	0.4%	0.4%
	1.3%	3.6%
	4.0%	4.1%
Value of Owner-Occupied Housing
	1.1%	2.6%
	0.7%	2.4%
	0.8%	2.8%
	1.4%	3.9%
	2.3%	4.5%
	10.0%	11.3%
	16.0%	13.0%
	29.4%	20.1%
	18.7%	13.6%
	10.0%	8.3%
	6.6%	9.7%
	1.7%	3.9%
	0.7%	2.2%
	0.2%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.8%	13.6%
	5.8%	13.6%
	7.4%	13.6%
	12.6%	13.2%
	13.6%	14.8%
	7.4%	13.6%
	14.8%	10.0%
	7.1%	4.7%
	23.9%	12.2%

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