Essex Village, CT has a housing median value of $586,900, significantly higher than the national average of $338,100. Furthermore, the one year house appreciation rate is 10.61%, much higher than the US average of 8.27%. This suggests that Essex Village is an attractive place to invest in real estate due to its strong appreciation rate and relatively high median values.
The median home cost in Essex Village (zip 06426) is $586,900. Home appreciation the last 10 years has been 47.1%. Home Appreciation in Essex Village (zip 06426) is up 13.4%.
Average Age of Homes
- The median age of Essex Village (zip 06426) real estate is 55 years old
The Rental Market in Essex Village (zip 06426)
- Renters make up 14.5% of the Essex Village (zip 06426) population
- 0.0% of houses and apartments in Essex Village (zip 06426), 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.