Zip 06031 (Falls Village, CT) Housing

Housing in 06031 Falls Village, CT is more expensive than the median housing value in the US. The average home value in 06031 Falls Village, CT is $421,100 compared to the US median of $338,100. Additionally, home values have appreciated in this area over the past year with an appreciation rate of 9.34% compared to 8.27% nationally. This demonstrates that Falls Village is a desirable location for those looking for a place to call home and investment opportunities abound in this area.

The median home cost in Falls Village (zip 06031) is $421,100. Home appreciation the last 10 years has been 44.2%. Home Appreciation in Falls Village (zip 06031) is up 14.1%.

Average Age of Homes

- The median age of Falls Village (zip 06031) real estate is 64 years old

The Rental Market in Falls Village (zip 06031)

- Renters make up 10.8% of the Falls Village (zip 06031) population
- 0.0% of houses and apartments in Falls Village (zip 06031), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Falls Village, Connecticut	United States
	828.0	139,647,020.0
	54	42
	$421,100	$338,100
	14.1%	16.6%
	42.1%	57.0%
	44.2%	101.1%
	$19.91	$10.98
	$5,921	$2,690
	63.4%	57.4%
	23.9%	11.2%
	12.7%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	23.1%	3.6%
	0.8%	4.1%
Value of Owner-Occupied Housing
	1.9%	2.6%
	1.9%	2.4%
	1.0%	2.8%
	0.6%	3.9%
	0.0%	4.5%
	2.5%	11.3%
	5.7%	13.0%
	16.8%	20.1%
	13.0%	13.6%
	22.5%	8.3%
	18.7%	9.7%
	5.1%	3.9%
	6.5%	2.2%
	1.1%	0.8%
	2.9%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.2%	13.6%
	9.2%	13.6%
	6.0%	13.6%
	13.9%	13.2%
	5.4%	14.8%
	6.0%	13.6%
	6.8%	10.0%
	5.0%	4.7%
	50.6%	12.2%

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