Zip 06111 (Newington, CT) Housing

The housing market in 06111 Newington, CT is doing significantly better than the national average. The median value for a house in 06111 Newington is currently $292,900, which is much lower than the US House Median Value of $338,100. Despite the lower price point, the one year appreciation rate for a home in 06111 Newington is 10.23%, versus 8.27% nationally. This means that homes in this area are appreciating at a higher rate than those across the country, indicating that it is a desirable region to invest in real estate.

The median home cost in Newington (zip 06111) is $292,900. Home appreciation the last 10 years has been 41.7%. Home Appreciation in Newington (zip 06111) is up 11.5%.

Average Age of Homes

- The median age of Newington (zip 06111) real estate is 50 years old

The Rental Market in Newington (zip 06111)

- Renters make up 17.2% of the Newington (zip 06111) population
- 1.3% of houses and apartments in Newington (zip 06111), 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	Newington, Connecticut	United States
	13,226.0	139,647,020.0
	54	42
	$292,900	$338,100
	11.5%	16.6%
	37.5%	57.0%
	41.7%	101.1%
	$24.79	$10.98
	$5,892	$2,690
	74.1%	57.4%
	4.9%	11.2%
	21.0%	31.4%
Vacant Housing
	1.3%	1.9%
	0.1%	0.4%
	0.7%	0.7%
	0.3%	0.4%
	0.4%	3.6%
	2.0%	4.1%
Value of Owner-Occupied Housing
	0.3%	2.6%
	0.6%	2.4%
	0.0%	2.8%
	2.2%	3.9%
	1.5%	4.5%
	7.1%	11.3%
	19.7%	13.0%
	47.0%	20.1%
	15.7%	13.6%
	4.2%	8.3%
	1.0%	9.7%
	0.2%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.3%	13.6%
	5.3%	13.6%
	7.7%	13.6%
	10.4%	13.2%
	18.4%	14.8%
	7.7%	13.6%
	22.1%	10.0%
	7.7%	4.7%
	8.1%	12.2%

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