In 06870 Old Greenwich, CT the housing median value is significantly higher than the US median value of $338,100. At $1,793,200 it is over five times the US median value. Additionally, the appreciation rate for houses in Old Greenwich is 9.97%, which is greater than the national average of 8.27%. This shows that the housing market in this area is strong and growing at a faster rate than the national average. Given this information, Old Greenwich should be seen as an excellent place to invest in real estate.
The median home cost in Old Greenwich (zip 06870) is $1,793,200. Home appreciation the last 10 years has been 46.6%. Home Appreciation in Old Greenwich (zip 06870) is up 15.3%.
Average Age of Homes
- The median age of Old Greenwich (zip 06870) real estate is 57 years old
The Rental Market in Old Greenwich (zip 06870)
- Renters make up 12.7% of the Old Greenwich (zip 06870) population
- 2.0% of houses and apartments in Old Greenwich (zip 06870), 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.