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Preforeclosure Homes in Niantic, CT

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Living in Niantic, CT

Niantic, CT is a picturesque coastal village offering residents a peaceful and community-focused lifestyle. With its stunning beaches, vibrant local businesses, and strong educational opportunities, this area is perfect for families and individuals alike. Enjoy a variety of parks and activities that promote outdoor living.

Current Market Conditions in Niantic, CT

The real estate market in Niantic has been steadily growing, with an increasing interest from home buyers attracted to the area's charm and coastal lifestyle. Homes in the region have seen modest appreciation over the past few years, reflecting the desirability of coastal living.

Interest in Niantic's real estate is expected to continue to rise due to its emerging position as a sought-after location for those looking for second homes, retirees, and families. Many buyers are drawn to the affordable housing prices compared to nearby towns, making it a smart investment opportunity.

Home Value Estimator For Niantic, CT

There are currently 5,420 real estate properties in Niantic, CT, with a median automated valuation model (AVM) price of $484,701.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Niantic, 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 Niantic, CT, is $573,783.00, with the most expensive house in Niantic, CT, topping out at $8,545,502.00 and the cheapest home in Niantic, CT, clocking in at $15,737.00. In other words, there’s something for every potential homebuyer or savvy investor in Niantic, CT!

Rent Prices In Niantic, CT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Niantic, CT, is on a rollercoaster ride. The average rent price in Niantic, CT, is $1,698.00. Indeed, when looking to rent in Niantic, CT, you can expect to pay as little as $910.00 or as much as $3,900.00, 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 Niantic, 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.

Niantic, CT Preforeclosure Homes


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