The housing market in 06357 Niantic, CT is doing very well in comparison to the U.S. overall. The median value of a house in 06357 is $391,200, which is significantly higher than the U.S. median value of $338,100 and the 1-year appreciation rate of 11.43% is much higher than the 1-year U.S. appreciation rate of 8.27%. This indicates that the housing market in 06357 has been outperforming most other regions across the country over the past year and shows promising future success for those considering buying or selling a home in this area.
The median home cost in Niantic (zip 06357) is $391,200. Home appreciation the last 10 years has been 58.4%. Home Appreciation in Niantic (zip 06357) is up 13.4%.
Average Age of Homes
- The median age of Niantic (zip 06357) real estate is 51 years old
The Rental Market in Niantic (zip 06357)
- Renters make up 19.3% of the Niantic (zip 06357) population
- 0.4% of houses and apartments in Niantic (zip 06357), 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.