The housing market in Prospect, CT (zip code 06712) is flourishing, with a median value of $370,700. This is higher than the US median house value of $338,100; and the appreciation rate in Prospect over the past year was 11.76%, which is higher than the US average of 8.27%. This shows that Prospect is a desirable place to live and invest in real estate, offering potential buyers and investors strong returns on their investments.
The median home cost in Prospect (zip 06712) is $370,700. Home appreciation the last 10 years has been 52.2%. Home Appreciation in Prospect (zip 06712) is up 13.4%.
Average Age of Homes
- The median age of Prospect (zip 06712) real estate is 37 years old
The Rental Market in Prospect (zip 06712)
- Renters make up 8.8% of the Prospect (zip 06712) population
- 0.7% of houses and apartments in Prospect (zip 06712), 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.