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Foreclosure Homes in New Fairfield, CT

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New Fairfield, CT Foreclosures

How much do homes sell for in New Fairfield, CT?
The average home price is currently $703,184.
In New Fairfield, CT, how many homes are available?
There are currently 4 active home listings available in New Fairfield.
What’s the average rental cost in New Fairfield, CT?
The average rental price in New Fairfield is $2,303.
What is the most expensive home in New Fairfield?
The most expensive home sold in New Fairfield had a price of $11,835,070.
What is currently the cheapest priced home in New Fairfield, CT?
The cheapest home for sale in New Fairfield is priced at $10,203.

Living in New Fairfield, CT

New Fairfield is a charming suburban town located in Connecticut, characterized by its picturesque landscapes and close-knit community. Just a short drive from the bustling cities of Danbury and Danbury Fair Mall, it offers residents a peaceful lifestyle while still providing access to urban amenities. Outdoor enthusiasts enjoy recreational activities on Candlewood Lake, known for boating, fishing, and hiking in the surrounding woods.

Current Market Conditions in New Fairfield, CT

The real estate market in New Fairfield has shown robust activity in the last few months, with an increase in demand for single-family homes as people seek suburban lifestyles post-pandemic. Homes here tend to sell quickly, often within weeks, reflecting a competitive atmosphere, especially for properties near Candlewood Lake and those with larger lots and updated amenities.

Overall, the market remains strong, with average home prices gradually rising. Housing options range from affordable starter homes to luxurious waterfront properties, catering to diverse buyers in the area.

Home Value Estimator For New Fairfield, CT

There are currently 5,833 real estate properties in New Fairfield, CT, with a median automated valuation model (AVM) price of $588,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in New Fairfield, CT, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in New Fairfield, CT, is $703,184.00, with the most expensive house in New Fairfield, CT, topping out at $11,835,070.00 and the cheapest home in New Fairfield, CT, clocking in at $10,203.00. In other words, there’s something for every potential homebuyer or savvy investor in New Fairfield, CT!

Rent Prices In New Fairfield, CT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in New Fairfield, CT, is on a rollercoaster ride. The average rent price in New Fairfield, CT, is $2,303.00. Indeed, when looking to rent in New Fairfield, CT, you can expect to pay as little as $1,190.00 or as much as $6,210.00, with the average rent median estimated to be $2,260.00. The good news is that finding an affordable and desirable property to rent in New Fairfield, CT -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

New Fairfield, CT Foreclosures


Market Trend for New Fairfield, CT

Total Listings Available: 4

Market Values:

Home Prices from $10,203 to $11,835,070

Average Sales Price: $703,184

Rental Values:

Rental from $1,190 to $6,210

Average Rent Value: $2,303 / month

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