In the Bridgeport-Stamford-Norwalk, CT Metro Area, the median value of housing is $552,700 which is significantly higher than the US median house value of $338,100. The US house appreciation rate over a one year period is 8.27%, however in the Bridgeport-Stamford- Norwalk, CT Metro Area it is 11.52%. This shows that homes in this area are appreciating faster than other areas in the US and making it a desirable location for people looking to purchase a home.
The median home cost in Bridgeport-Stamford-Norwalk Metro Area is $552,700. Home appreciation the last 10 years has been 49.7%. Home Appreciation in Bridgeport-Stamford-Norwalk Metro Area is up 14.9%.
Average Age of Homes
- The median age of Bridgeport-Stamford-Norwalk Metro Area real estate is 53 years old
The Rental Market in Bridgeport-Stamford-Norwalk Metro Area
- Renters make up 29.0% of the Bridgeport-Stamford-Norwalk Metro Area population
- 1.9% of houses and apartments in Bridgeport-Stamford-Norwalk 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.