The housing market in New Britain, CT (zip code 06051) has been performing very well in recent years. The median value of houses in the area is currently $209,800, which is significantly lower than the US median of $338,100. On top of that, appreciation in the area has been greater than the national average; over the past year, house values have appreciated by 9.34%, compared to 8.27% nationally. This indicates a strong and stable housing market that will likely continue to grow in value for years to come.
The median home cost in New Britain (zip 06051) is $209,800. Home appreciation the last 10 years has been 44.2%. Home Appreciation in New Britain (zip 06051) is up 14.1%.
Average Age of Homes
- The median age of New Britain (zip 06051) real estate is 71 years old
The Rental Market in New Britain (zip 06051)
- Renters make up 64.3% of the New Britain (zip 06051) population
- 3.4% of houses and apartments in New Britain (zip 06051), 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.