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Single-family Foreclosures in Prospect, CT 06712

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Prospect, CT Foreclosures

How much do homes sell for in Prospect, CT?
The average home price is currently $432,277.
In Prospect, CT, how many homes are available?
There are currently 8 active home listings available in Prospect.
What’s the average rental cost in Prospect, CT?
The average rental price in Prospect is $1,739.
What is the most expensive home in Prospect?
The most expensive home sold in Prospect had a price of $1,103,447.
What is currently the cheapest priced home in Prospect, CT?
The cheapest home for sale in Prospect is priced at $26,258.

Living in Prospect, CT

Prospect, CT is a charming suburban town that offers a peaceful environment for families and professionals. With excellent schools, beautiful parks, and convenient access to major highways, it's a prime location for real estate investment. The community spirit and local amenities further enhance its appeal, making it a great choice for both living and investing.

Current Market Conditions in Prospect, CT

The real estate market in Prospect is currently experiencing a steady growth trend, with property values steadily increasing over the past few years. Investors are seeing a positive return on investment due to the town's attractive living conditions and demand from buyers seeking suburban homes.

As more families and working professionals seek refuge from urban areas, the demand for homes in Prospect has surged. This trend is expected to continue as the region develops and expands, making it an opportune time for investors to capitalize on rising home values.

Home Value Estimator For Prospect, CT

There are currently 3,738 real estate properties in Prospect, CT, with a median automated valuation model (AVM) price of $429,152.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Prospect, 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 Prospect, CT, is $432,277.00, with the most expensive house in Prospect, CT, topping out at $1,103,447.00 and the cheapest home in Prospect, CT, clocking in at $26,258.00. In other words, there’s something for every potential homebuyer or savvy investor in Prospect, CT!

Rent Prices In Prospect, CT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Prospect, CT, is on a rollercoaster ride. The average rent price in Prospect, CT, is $1,739.00. Indeed, when looking to rent in Prospect, CT, you can expect to pay as little as $1,010.00 or as much as $3,060.00, 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 Prospect, 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.

Prospect, CT 06712 Single-family Homes


Market Trend for Prospect, CT

Total Listings Available: 8

Market Values:

Home Prices from $26,258 to $1,103,447

Average Sales Price: $432,277

Rental Values:

Rental from $1,010 to $3,060

Average Rent Value: $1,739 / month

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