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Short Sale Listings in Ellington, CT

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Living in Ellington, CT

Ellington, CT offers a peaceful suburban lifestyle with a community-oriented atmosphere. The town features excellent schools, abundant parks, and recreational activities. Residents enjoy easy access to local shops and nearby cities, making it an ideal place for families and outdoor enthusiasts alike.

Current Market Conditions in Ellington, CT

The real estate market in Ellington remains stable, with a steady demand for single-family homes. Home prices are competitive, attracting both new buyers and real estate investors looking for rental opportunities. The town's close proximity to Hartford enhances its appeal, making it a desirable location for commuters.

Recent trends indicate a growing interest in properties due to the area's attractive schools and recreational offerings. This has resulted in an increase in property values, suggesting a positive investment outlook for the coming years.

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 $418,529.00. 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 $457,621.00, with the most expensive house in Ellington, CT, topping out at $19,201,338.00 and the cheapest home in Ellington, CT, clocking in at $21,299.00. 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.

Ellington, CT Short Sale Listings


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