The housing in 06378 Stonington, CT is quite expensive with a median value of $598,900. This is significantly more than the US median value of $338,100. The US saw an appreciation rate of 8.27% over the last year, but Stonington saw even higher appreciation at 11.43%. This means that homes in this area are becoming more expensive quickly and investors have been flocking to take advantage of the growth potential in this market.
The median home cost in Stonington (zip 06378) is $598,900. Home appreciation the last 10 years has been 58.4%. Home Appreciation in Stonington (zip 06378) is up 13.4%.
Average Age of Homes
- The median age of Stonington (zip 06378) real estate is 59 years old
The Rental Market in Stonington (zip 06378)
- Renters make up 16.9% of the Stonington (zip 06378) population
- 1.9% of houses and apartments in Stonington (zip 06378), 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.