Montville, CT Foreclosures
How much do homes sell for in Montville, CT?
The average home price is currently $324,735.
In Montville, CT, how many homes are available?
There are currently 2 active home listings available in Montville.
What’s the average rental cost in Montville, CT?
The average rental price in Montville is $1,450.
What is the most expensive home in Montville?
The most expensive home sold in Montville had a price of $1,276,900.
What is currently the cheapest priced home in Montville, CT?
The cheapest home for sale in Montville is priced at $10,061.
Living in Montville, CT
Montville, CT is a charming town located in New London County known for its suburban lifestyle and outdoor recreational activities. The community offers excellent schools, parks, and local amenities, making it an ideal place for families and individuals seeking a peaceful environment. With its convenient location and rich community spirit, Montville is a hidden gem in Connecticut.
Current Market Conditions in Montville, CT
Montville's real estate market has demonstrated a steady increase in home values over the past few years, attracting both families and investors. The combination of beautiful landscapes, community amenities, and commuter access has made Montville a desirable location, leading to a competitive housing market with a variety of options to suit different budgets and preferences.
Recent trends indicate a growing interest in new housing developments and renovations of older properties, aiming to meet the demand for diverse housing types. The market has also been supported by low-interest rates, prompting first-time buyers and families to invest in the area.
Home Value Estimator For Montville, CT
There are currently 294 real estate properties
in Montville, CT,
with a median automated valuation model (AVM) price
of $312,663.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Montville, 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 Montville, CT,
is $324,735.00, with the most expensive house
in Montville, CT, topping out
at $1,276,900.00 and the cheapest home
in Montville, CT,
clocking in at $10,061.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Montville, CT!
Rent Prices
In Montville, CT
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Montville, CT, is on
a rollercoaster ride. The
average rent price in Montville, CT,
is $1,450.00. Indeed, when looking to rent in
Montville, CT, you can expect to pay as little
as $1,030.00 or as much
as $2,660.00,
with the average rent median estimated to
be $1,380.00. The good news is that finding
an affordable and desirable property to rent in Montville, 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.
Learn more on Foreclosure homes
