Living in Killingly, CT
Killingly, CT is a serene town offering a perfect blend of rural tranquility and suburban convenience. Known for its friendly community and excellent schools, it's an ideal place for families and those seeking a peaceful lifestyle. The town features beautiful parks and recreational activities, making it a great location for outdoor enthusiasts.
Current Market Conditions in Killingly, CT
The current real estate market in Killingly is witnessing a steady growth trend, characterized by a balanced supply of housing and lively buyer interest. Homes in the area are increasingly competitive, with the average days on the market decreasing as buyers seek to capitalize on the serene lifestyle Killingly offers.
In recent months, Killingly has seen an influx of new residents drawn by its affordability relative to neighboring towns, which has contributed to a gradual increase in home values. The market comprises a mix of single-family homes, townhouses, and multifamily units, catering to various demographics including first-time homebuyers and families.
Home Value Estimator For Killingly, CT
There are currently 461 real estate properties
in Killingly, CT,
with a median automated valuation model (AVM) price
of $291,100.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Killingly, 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 Killingly, CT,
is $388,963.00, with the most expensive house
in Killingly, CT, topping out
at $24,092,582.00 and the cheapest home
in Killingly, CT,
clocking in at $36,605.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Killingly, CT!
Rent Prices
In Killingly, CT
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Killingly, CT, is on
a rollercoaster ride. The
average rent price in Killingly, CT,
is $1,323.00. Indeed, when looking to rent in
Killingly, CT, you can expect to pay as little
as $950.00 or as much
as $1,900.00,
with the average rent median estimated to
be $1,310.00. The good news is that finding
an affordable and desirable property to rent in Killingly, 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.
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