The housing market in 06023 East Berlin, CT has been quite robust recently. The median value of homes in the area stands at a healthy $324,500, which is slightly lower than the US House Median Value of $338,100. However, in the last year the appreciation rate for homes in 06023 East Berlin was 9.34%, significantly higher than the 8.27% appreciation rate for homes nationwide. This suggests that this area may be a great investment opportunity and that now may be an opportune time to buy a home within it.
The median home cost in East Berlin (zip 06023) is $324,500. Home appreciation the last 10 years has been 44.2%. Home Appreciation in East Berlin (zip 06023) is up 14.1%.
Average Age of Homes
- The median age of East Berlin (zip 06023) real estate is 37 years old
The Rental Market in East Berlin (zip 06023)
- Renters make up 9.4% of the East Berlin (zip 06023) population
- 0.0% of houses and apartments in East Berlin (zip 06023), 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.