The housing market in 06759 Litchfield, CT is a vibrant one; the median value of a house stands at $457,200, which is significantly higher than the national median value of $338,100. Furthermore, the appreciation rate of houses in Litchfield has been very encouraging. Over the past year, house values have appreciated by 11.76%, which is much higher than the US's 1 year house appreciation of 8.27%. This indicates that investing in real estate in this area would be a wise investment decision for any prospective homeowners.
The median home cost in Litchfield (zip 06759) is $457,200. Home appreciation the last 10 years has been 52.2%. Home Appreciation in Litchfield (zip 06759) is up 13.4%.
Average Age of Homes
- The median age of Litchfield (zip 06759) real estate is 54 years old
The Rental Market in Litchfield (zip 06759)
- Renters make up 17.4% of the Litchfield (zip 06759) population
- 1.0% of houses and apartments in Litchfield (zip 06759), 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.