The housing market in Greenwich, CT (06831) is quite strong, with a median value of $1,724,300. This is more than five times the US House Median Value of $338,100. The US one year House Appreciation rate is 8.27%, while the one year appreciation rate in Greenwich is even higher at 9.97%. These figures indicate that home values are increasing and buyers can expect to see good returns on their investment in this area.
The median home cost in Greenwich (zip 06831) is $1,724,300. Home appreciation the last 10 years has been 46.6%. Home Appreciation in Greenwich (zip 06831) is up 15.3%.
Average Age of Homes
- The median age of Greenwich (zip 06831) real estate is 52 years old
The Rental Market in Greenwich (zip 06831)
- Renters make up 21.1% of the Greenwich (zip 06831) population
- 0.6% of houses and apartments in Greenwich (zip 06831), 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.