The housing market in Durham, CT (zip code 06422) is doing extremely well. According to the median value of housing in the area, it is currently assessed at $409,300, which is significantly higher than the US average median value of $338,100. Additionally, the house appreciation over the course of one year in Durham is 10.61%, which is higher than the nationwide average of 8.27%. This demonstrates that Durham's housing market is thriving and offers a great opportunity for potential homeowners as prices continue to appreciate.
The median home cost in Durham (zip 06422) is $409,300. Home appreciation the last 10 years has been 47.1%. Home Appreciation in Durham (zip 06422) is up 13.4%.
Average Age of Homes
- The median age of Durham (zip 06422) real estate is 41 years old
The Rental Market in Durham (zip 06422)
- Renters make up 8.4% of the Durham (zip 06422) population
- 1.5% of houses and apartments in Durham (zip 06422), 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.