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Cheap Homes in Ellington, CT

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Ellington, CT Foreclosures

How much do homes sell for in Ellington, CT?
The average home price is currently $467,048.
What’s the average rental cost in Ellington, CT?
The average rental price in Ellington is $1,724.
What is the most expensive home in Ellington?
The most expensive home sold in Ellington had a price of $20,153,436.
What is currently the cheapest priced home in Ellington, CT?
The cheapest home for sale in Ellington is priced at $21,708.

Living in Ellington, CT

Ellington, CT is a charming suburban town that offers a peaceful lifestyle with a strong community spirit. Known for its excellent schools and beautiful natural surroundings, residents can enjoy various outdoor recreational activities. The town has a range of local amenities, making it ideal for families and individuals alike.

Current Market Conditions in Ellington, CT

The current real estate market in Ellington is relatively stable, with a steady demand for homes. The median home price has seen a slight increase over the past few months as more buyers are looking for properties in family-friendly communities. However, the inventory remains limited, resulting in a competitive environment for potential buyers.

As remote work continues to influence housing decisions, many families are relocating to suburban areas like Ellington, seeking more space and better quality of life. This trend has contributed to the resilience of the market, as both first-time buyers and investors show strong interest in acquiring homes in the area.

Home Value Estimator For Ellington, CT

There are currently 5,189 real estate properties in Ellington, CT, with a median automated valuation model (AVM) price of $426,723.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ellington, 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 Ellington, CT, is $467,048.00, with the most expensive house in Ellington, CT, topping out at $20,153,436.00 and the cheapest home in Ellington, CT, clocking in at $21,708.00. In other words, there’s something for every potential homebuyer or savvy investor in Ellington, CT!

Rent Prices In Ellington, CT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ellington, CT, is on a rollercoaster ride. The average rent price in Ellington, CT, is $1,724.00. Indeed, when looking to rent in Ellington, CT, you can expect to pay as little as $1,000.00 or as much as $2,920.00, with the average rent median estimated to be $1,710.00. The good news is that finding an affordable and desirable property to rent in Ellington, 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.

Cheap Homes in Ellington, CT


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