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Foreclosure Homes in New Britain, CT 06053

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New Britain, CT Foreclosures

How much do homes sell for in New Britain, CT?
The average home price is currently $340,567.
In New Britain, CT, how many homes are available?
There are currently 26 active home listings available in New Britain.
What’s the average rental cost in New Britain, CT?
The average rental price in New Britain is $1,390.
What is the most expensive home in New Britain?
The most expensive home sold in New Britain had a price of $65,211,808.
What is currently the cheapest priced home in New Britain, CT?
The cheapest home for sale in New Britain is priced at $10,776.

Living in New Britain, CT

New Britain, CT, is a city that beautifully blends history and modernity. It features a range of outdoor activities, ample shopping and dining options, and a strong educational presence with local schools and a university. The city caters to families and individuals alike, making it an attractive place to live and invest.

Current Market Conditions in New Britain, CT

The real estate market in New Britain has shown signs of stability, with a steady demand for both residential and rental properties. Investors are taking notice of the affordable housing prices compared to nearby cities, making it a prime location for investment opportunities.

Current trends indicate a growing interest in revitalizing certain neighborhoods, which could lead to increased property values in the coming years. Investors may find favorable conditions for purchasing properties that can be flipped or rented for steady income.

Home Value Estimator For New Britain, CT

There are currently 16,285 real estate properties in New Britain, CT, with a median automated valuation model (AVM) price of $296,052.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in New Britain, 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 New Britain, CT, is $340,567.00, with the most expensive house in New Britain, CT, topping out at $65,211,808.00 and the cheapest home in New Britain, CT, clocking in at $10,776.00. In other words, there’s something for every potential homebuyer or savvy investor in New Britain, CT!

Rent Prices In New Britain, CT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in New Britain, CT, is on a rollercoaster ride. The average rent price in New Britain, CT, is $1,390.00. Indeed, when looking to rent in New Britain, CT, you can expect to pay as little as $660.00 or as much as $2,810.00, with the average rent median estimated to be $1,390.00. The good news is that finding an affordable and desirable property to rent in New Britain, 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.

New Britain, CT 06053 Foreclosures

Market Trend for New Britain, CT

Total Listings Available: 26

Market Values:

Home Prices from $10,776 to $65,211,808

Average Sales Price: $340,567

Rental Values:

Rental from $660 to $2,810

Average Rent Value: $1,390 / month

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