The housing market in Preston, CT (zip code 06365) is a strong one. The median value of the homes in this area is $313,400, which is below the US median house value of $338,100. However, the one year appreciation rate for houses in this area was 11.43%, higher than the national average 8.27%. This indicates that real estate investments in Preston are likely to be profitable and on an upward trend. As such, it may be a good place to consider investing in real estate for those looking for solid returns.
The median home cost in Preston (zip 06365) is $313,400. Home appreciation the last 10 years has been 58.4%. Home Appreciation in Preston (zip 06365) is up 13.4%.
Average Age of Homes
- The median age of Preston (zip 06365) real estate is 46 years old
The Rental Market in Preston (zip 06365)
- Renters make up 18.8% of the Preston (zip 06365) population
- 0.0% of houses and apartments in Preston (zip 06365), 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.