The housing market in 06804 Brookfield, CT is an attractive investment for potential home buyers. The median value of a house in this area is $489,500 compared to the U.S. median value of $338,100. This shows that the market in this area has higher home values than the average across the nation. Furthermore, in the last year the U.S. housing market saw an appreciation of 8.27%, while the homes in 06804 Brookfield, CT have seen a 9.97% appreciation rate—a higher rate than the national average and indicative of a strong and healthy market in this area. Therefore, investing in property in this part of Connecticut can be a wise decision for home buyers looking for good returns on their investments over time and relative security as part of their portfolio strategy.
The median home cost in Brookfield (zip 06804) is $489,500. Home appreciation the last 10 years has been 46.6%. Home Appreciation in Brookfield (zip 06804) is up 15.3%.
Average Age of Homes
- The median age of Brookfield (zip 06804) real estate is 43 years old
The Rental Market in Brookfield (zip 06804)
- Renters make up 13.3% of the Brookfield (zip 06804) population
- 1.7% of houses and apartments in Brookfield (zip 06804), 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.