Zip 06415 (Colchester, CT) Housing

The housing market in Colchester, CT (zip code 06415) is strong. According to the data, the median value of a house in Colchester is $355,600 which is 6% higher than the US median value of $338,100. Furthermore, the estimated one year appreciation rate for houses in this area is 10.61%, compared to 8.27% for the nation as a whole. This suggests that home values will continue to rise in Colchester over the coming year.

The median home cost in Colchester (zip 06415) is $355,600. Home appreciation the last 10 years has been 47.1%. Home Appreciation in Colchester (zip 06415) is up 13.4%.

Average Age of Homes

- The median age of Colchester (zip 06415) real estate is 34 years old

The Rental Market in Colchester (zip 06415)

- Renters make up 17.2% of the Colchester (zip 06415) population
- 0.7% of houses and apartments in Colchester (zip 06415), 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	Colchester, Connecticut	United States
	6,893.0	139,647,020.0
	39	42
	$355,600	$338,100
	13.4%	16.6%
	44.1%	57.0%
	47.1%	101.1%
	$21.51	$10.98
	$5,815	$2,690
	73.4%	57.4%
	8.1%	11.2%
	18.4%	31.4%
Vacant Housing
	0.7%	1.9%
	0.9%	0.4%
	0.4%	0.7%
	0.0%	0.4%
	4.6%	3.6%
	1.6%	4.1%
Value of Owner-Occupied Housing
	0.3%	2.6%
	1.8%	2.4%
	0.0%	2.8%
	1.2%	3.9%
	0.4%	4.5%
	3.9%	11.3%
	11.1%	13.0%
	43.6%	20.1%
	27.8%	13.6%
	7.2%	8.3%
	2.0%	9.7%
	0.6%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.8%	13.6%
	11.8%	13.6%
	16.3%	13.6%
	22.7%	13.2%
	15.8%	14.8%
	16.3%	13.6%
	11.1%	10.0%
	1.6%	4.7%
	8.8%	12.2%

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