The housing market in 06706 Waterbury, CT has seen strong appreciation in the past year. The median value of homes in the area is $207,300, which is much lower than the US median home value of $338,100. In the past year alone, the house appreciation in this area was 11.76%, which is higher than the US rate of 8.27%. This shows that real estate investments in the 06706 Waterbury, CT area can be extremely profitable and may provide a great opportunity for potential investors.
The median home cost in Waterbury (zip 06706) is $207,300. Home appreciation the last 10 years has been 52.2%. Home Appreciation in Waterbury (zip 06706) is up 13.4%.
Average Age of Homes
- The median age of Waterbury (zip 06706) real estate is 65 years old
The Rental Market in Waterbury (zip 06706)
- Renters make up 45.5% of the Waterbury (zip 06706) population
- 4.6% of houses and apartments in Waterbury (zip 06706), 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.