Housing in 06896 Redding, CT is significantly more expensive than the national median value. The median housing value for the area is $677,800 while the US House Median Value is $338,100. Additionally, the area has seen a higher appreciation rate in house prices over the past year of 9.97%, compared to 8.27% across all of the United States. Overall, 06896 Redding, CT provides high quality housing options that are growing in value at a faster pace than other areas of the country.
The median home cost in Redding (zip 06896) is $677,800. Home appreciation the last 10 years has been 46.6%. Home Appreciation in Redding (zip 06896) is up 15.3%.
Average Age of Homes
- The median age of Redding (zip 06896) real estate is 47 years old
The Rental Market in Redding (zip 06896)
- Renters make up 17.3% of the Redding (zip 06896) population
- 2.5% of houses and apartments in Redding (zip 06896), 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.