Zip 06488 (Southbury, CT) Housing

The housing in 06488 Southbury, CT is doing well compared to the US average. The median value of a house in 06488 is $373,600, which is significantly higher than the US median of $338,100. In addition, over the past year there has been an increase of 10.61% in the median value of housing in Southbury, which is higher than the national appreciation rate of 8.27%. These figures demonstrate that the housing market in Southbury is healthy and growing at a faster rate than most other places across the country.

The median home cost in Southbury (zip 06488) is $373,600. Home appreciation the last 10 years has been 47.1%. Home Appreciation in Southbury (zip 06488) is up 13.4%.

Average Age of Homes

- The median age of Southbury (zip 06488) real estate is 40 years old

The Rental Market in Southbury (zip 06488)

- Renters make up 12.8% of the Southbury (zip 06488) population
- 0.3% of houses and apartments in Southbury (zip 06488), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Southbury, Connecticut	United States
	8,797.0	139,647,020.0
	44	42
	$373,600	$338,100
	13.4%	16.6%
	44.1%	57.0%
	47.1%	101.1%
	$17.91	$10.98
	$5,871	$2,690
	78.8%	57.4%
	8.7%	11.2%
	12.5%	31.4%
Vacant Housing
	0.3%	1.9%
	0.3%	0.4%
	0.7%	0.7%
	1.2%	0.4%
	2.0%	3.6%
	4.4%	4.1%
Value of Owner-Occupied Housing
	0.8%	2.6%
	0.1%	2.4%
	0.3%	2.8%
	1.5%	3.9%
	3.0%	4.5%
	8.6%	11.3%
	12.5%	13.0%
	16.8%	20.1%
	23.3%	13.6%
	22.5%	8.3%
	8.7%	9.7%
	1.0%	3.9%
	0.7%	2.2%
	0.1%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	10.5%	13.6%
	10.5%	13.6%
	12.8%	13.6%
	14.8%	13.2%
	33.7%	14.8%
	12.8%	13.6%
	3.6%	10.0%
	1.9%	4.7%
	7.9%	12.2%

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