Zip 06450 (Meriden, CT) Housing

The housing market in 06450 Meriden, CT is a strong one. The median value of homes in this area is $233,400, which is significantly lower than the US median value of $338,100. In the past year, there has been an impressive appreciation rate of 10.61%, a rate higher than the national average of 8.27%. This suggests that home values are continuing to rise in this area and that now may be an ideal time to invest in housing in 06450 Meriden, CT.

The median home cost in Meriden (zip 06450) is $233,400. Home appreciation the last 10 years has been 47.1%. Home Appreciation in Meriden (zip 06450) is up 13.4%.

Average Age of Homes

- The median age of Meriden (zip 06450) real estate is 59 years old

The Rental Market in Meriden (zip 06450)

- Renters make up 32.8% of the Meriden (zip 06450) population
- 1.8% of houses and apartments in Meriden (zip 06450), 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	Meriden, Connecticut	United States
	16,197.0	139,647,020.0
	62	42
	$233,400	$338,100
	13.4%	16.6%
	44.1%	57.0%
	47.1%	101.1%
	$26.49	$10.98
	$4,559	$2,690
	58.6%	57.4%
	6.7%	11.2%
	34.7%	31.4%
Vacant Housing
	1.8%	1.9%
	0.3%	0.4%
	1.5%	0.7%
	0.2%	0.4%
	0.1%	3.6%
	2.8%	4.1%
Value of Owner-Occupied Housing
	1.7%	2.6%
	0.4%	2.4%
	1.9%	2.8%
	2.2%	3.9%
	3.5%	4.5%
	19.2%	11.3%
	35.8%	13.0%
	26.8%	20.1%
	4.9%	13.6%
	1.7%	8.3%
	0.8%	9.7%
	0.6%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.6%	13.6%
	3.6%	13.6%
	3.5%	13.6%
	15.0%	13.2%
	13.6%	14.8%
	3.5%	13.6%
	15.8%	10.0%
	6.9%	4.7%
	29.3%	12.2%

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