The housing market in 06029 Ellington, CT is quite strong and healthy. The median value of a house in this area is $332,500, which is lower than the US national median value of $338,100. However, the appreciation rate of homes in this area has been higher than the US average over the course of one year, with homes appreciating by 9.34%, compared to 8.27% nationally. This suggests that buying a home in 06029 Ellington, CT would be a sound investment that could be expected to appreciate over time.
The median home cost in Ellington (zip 06029) is $332,500. Home appreciation the last 10 years has been 44.2%. Home Appreciation in Ellington (zip 06029) is up 14.1%.
Average Age of Homes
- The median age of Ellington (zip 06029) real estate is 42 years old
The Rental Market in Ellington (zip 06029)
- Renters make up 30.3% of the Ellington (zip 06029) population
- 0.0% of houses and apartments in Ellington (zip 06029), 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.