The housing market in Ridgefield, CT (zip code 06877) is currently very strong. The median house value in the area is $767,900, which is more than double the US median house value of $338,100. In addition, the one-year house appreciation rate for Ridgefield was 9.97%, higher than the national average of 8.27%. Therefore, this is an ideal time to purchase a home in the area as prices are likely to continue to rise.
The median home cost in Ridgefield (zip 06877) is $767,900. Home appreciation the last 10 years has been 46.6%. Home Appreciation in Ridgefield (zip 06877) is up 15.3%.
Average Age of Homes
- The median age of Ridgefield (zip 06877) real estate is 46 years old
The Rental Market in Ridgefield (zip 06877)
- Renters make up 16.1% of the Ridgefield (zip 06877) population
- 1.0% of houses and apartments in Ridgefield (zip 06877), 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.