The housing market in 06754 Cornwall Bridge, CT is highly desirable as evidenced by its median value of $459,200 which is substantially higher than the US median home value of $338,100. In the past year, this area has seen an appreciation rate of 11.76%, which is higher than the national average of 8.27%. This makes Cornwall Bridge an attractive place to invest in for potential homeowners and real estate investors alike. With its picturesque scenery and tranquil setting, the area provides a great quality of life for those looking to settle down or purchase a vacation home in Connecticut.
The median home cost in Cornwall Bridge (zip 06754) is $459,200. Home appreciation the last 10 years has been 52.2%. Home Appreciation in Cornwall Bridge (zip 06754) is up 13.4%.
Average Age of Homes
- The median age of Cornwall Bridge (zip 06754) real estate is 44 years old
The Rental Market in Cornwall Bridge (zip 06754)
- Renters make up 12.9% of the Cornwall Bridge (zip 06754) population
- 0.8% of houses and apartments in Cornwall Bridge (zip 06754), 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.