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Preforeclosure Homes in Bloomfield, CT

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Living in Bloomfield, CT

Bloomfield, CT, is a welcoming suburb that provides an excellent quality of life with great schools, community parks, and a family-friendly atmosphere. Its proximity to Hartford offers residents the benefits of urban amenities while maintaining a close-knit community feel. With various activities, schools, and local businesses, Bloomfield is an ideal place to invest in real estate.

Current Market Conditions in Bloomfield, CT

The real estate market in Bloomfield is currently competitive, with a significant number of families and young professionals looking for homes in the area. As demand increases, property values are on the rise, making it a promising location for long-term real estate investments.

Recent trends indicate a consistent interest in single-family homes, with many buyers attracted to Bloomfield's amenities and overall quality of life. This trend is expected to continue, making it a strategic market for property investments.

Home Value Estimator For Bloomfield, CT

There are currently 7,247 real estate properties in Bloomfield, CT, with a median automated valuation model (AVM) price of $341,271.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bloomfield, 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 Bloomfield, CT, is $365,347.00, with the most expensive house in Bloomfield, CT, topping out at $31,966,470.00 and the cheapest home in Bloomfield, CT, clocking in at $12,283.00. In other words, there’s something for every potential homebuyer or savvy investor in Bloomfield, CT!

Rent Prices In Bloomfield, CT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bloomfield, CT, is on a rollercoaster ride. The average rent price in Bloomfield, CT, is $1,730.00. Indeed, when looking to rent in Bloomfield, CT, you can expect to pay as little as $940.00 or as much as $3,480.00, with the average rent median estimated to be $1,690.00. The good news is that finding an affordable and desirable property to rent in Bloomfield, 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.

Bloomfield, CT Preforeclosure Homes


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