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Short Sale Listings in Prospect, CT

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Prospect, CT Foreclosures

How much do homes sell for in Prospect, CT?
The average home price is currently $464,592.
In Prospect, CT, how many homes are available?
There are currently 1 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 $20,127,693.
What is currently the cheapest priced home in Prospect, CT?
The cheapest home for sale in Prospect is priced at $15,413.

Living in Prospect, CT

Prospect, CT is a serene suburban town known for its picturesque landscapes and close-knit community. With excellent schools, plentiful parks, and easy access to major highways, it offers a perfect blend of peaceful living and convenient commuting. This town is ideal for families and individuals seeking a serene lifestyle without sacrificing access to urban amenities.

Current Market Conditions in Prospect, CT

The real estate market in Prospect, CT has been on an upward trend with values increasing steadily over the past year, driven by demand from buyers seeking suburban alternatives. Listings in the area are seeing quicker sales than average, suggesting a competitive market that favors sellers.

With the attractive quality of life, the demand for homes in Prospect has increased significantly, leading to a decrease in inventory. Consequently, many homes are selling above asking price, illustrating growing interest in the area.

Home Value Estimator For Prospect, CT

There are currently 3,930 real estate properties in Prospect, CT, with a median automated valuation model (AVM) price of $450,303.00. 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 $464,592.00, with the most expensive house in Prospect, CT, topping out at $20,127,693.00 and the cheapest home in Prospect, CT, clocking in at $15,413.00. 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 Short Sale Listings

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