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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 9,051, 3,180 total housing units (homes and apartments), and a median house value of $675,944, Woodbridge house prices are not only among the most expensive in Connecticut, Woodbridge real estate also is some of the most expensive in all of America.
Woodbridge is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Woodbridge than is found in 98% of the communities in America.
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Woodbridge. Owner-occupied housing accounts for 88.78% of Woodbridge's homes, and 68.67% have either three or four bedrooms, which is average sized relative to America.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Woodbridge's housing was primarily built during this period, from the '40s through the '60s. A full 42.81% of the town's housing hails from this era. Other housing ages represented in Woodbridge include homes built between 1970-1999 ( 31.72%) and housing constructed before 1939 ( 14.36%). There's also some housing in Woodbridge built between 2000 and later ( 11.12%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Woodbridge, where house values have increased just 54.54%, which is annualized rate of 4.45%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
NeighborhoodScout's data show that during the latest twelve months, Woodbridge's appreciation rate, at 6.86%, has been at or slightly above the national average. In the latest quarter, Woodbridge's appreciation rate has been 0.95%, which annualizes to a rate of 3.86%.
Relative to Connecticut, our data show that Woodbridge's latest annual appreciation rate is lower than 70% of the other cities and towns in Connecticut.
$675,944
for Connecticut
for nation
3,180
$3,012 / per month