Connecticut
REAL ESTATE APPRECIATION & HOUSING MARKET TRENDS






Connecticut Real Estate Market & Appreciation

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Average Home Values

Median Home Value:
$309,371

Number Of Homes And Apartments:
1,370,746

Connecticut Home Prices

> $1,196,538
4.2%
4.2%
$897,362 - $1,196,538
3.0%
3.0%
$598,080 - $897,361
7.5%
7.5%
$478,519 - $598,079
8.1%
8.1%
$358,882 - $478,518
15.9%
15.9%
$239,136 - $358,881
26.5%
26.5%
$119,568 - $239,135
28.2%
28.2%
$59,830 - $119,567
4.4%
4.4%
$0 - $59,829
2.2%
2.2%
0.0% 100.0%
% OF HOMES

Connecticut Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2021 Q1 - 2021 Q2
5.00% 21.57%
5
Last 12 Months:
2020 Q2 - 2021 Q2
12.93% 12.93%
8
Last 2 Years:
2019 Q2 - 2021 Q2
16.53% 7.95%
6
Last 5 Years:
2016 Q2 - 2021 Q2
21.94% 4.05%
2
Last 10 Years:
2011 Q2 - 2021 Q2
21.57% 1.97%
1
Since 2000:
2000 Q1 - 2021 Q2
81.01% 2.83%
2
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,794 / per month

Homeownership Rate

Owners
64.0%
64.0%
Renters
36.0%
36.0%
Vacant
9.6%
9.6%
0.0% 100.0%
% OF HOMES

Housing Market Details

Age of Homes

2000 or Newer
9.3%
9.3%
1970 - 1999
33.5%
33.5%
1940 - 1969
35.1%
35.1%
1939 or Older
22.1%
22.1%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
58.9%
58.9%
Townhomes
5.4%
5.4%
Small Apt. Buildings
16.8%
16.8%
Apt. Complexes
18.1%
18.1%
Mobile Homes
0.8%
0.8%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
2.3%
2.3%
1 Bedroom
12.6%
12.6%
2 Bedrooms
27.1%
27.1%
3 Bedrooms
36.3%
36.3%
4 Bedrooms
17.1%
17.1%
5 or more bedrooms
4.5%
4.5%
0.0% 100.0%
% OF HOMES