The housing market in 06414 Cobalt, CT is quite strong compared to the US median. According to the data provided, the median value for houses in this area is $330,000, which is significantly lower than the US median value of $338,100. However, what makes this area attractive is its higher rate of appreciation. In the past year alone, house values in 06414 Cobalt have appreciated by 10.61%, which is higher than the national average of 8.27%. Prospective homebuyers looking in this area can be sure that their investment will not go to waste and they will enjoy a healthy return on their investment in the future.
The median home cost in Cobalt (zip 06414) is $330,000. Home appreciation the last 10 years has been 47.1%. Home Appreciation in Cobalt (zip 06414) is up 13.4%.
Average Age of Homes
- The median age of Cobalt (zip 06414) real estate is 78 years old
The Rental Market in Cobalt (zip 06414)
- Renters make up 0.0% of the Cobalt (zip 06414) population
- 0.0% of houses and apartments in Cobalt (zip 06414), 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.