Riverton, CT Foreclosures
How much do homes sell for in Riverton, CT?
The average home price is currently $419,019.
In Riverton, CT, how many homes are available?
There are currently 192 active home listings available in Riverton.
What’s the average rental cost in Riverton, CT?
The average rental price in Riverton is $1,636.
What is the most expensive home in Riverton?
The most expensive home sold in Riverton had a price of $1,342,129.
What is currently the cheapest priced home in Riverton, CT?
The cheapest home for sale in Riverton is priced at $140,350.
Living in Riverton, CT
Riverton, CT, is a picturesque village located along the Farmington River, boasting a charming community atmosphere and abundant outdoor activities. Residents enjoy a blend of scenic beauty and small-town convenience. With its historic architecture and nearby amenities, Riverton offers a high quality of life for families and individuals alike.
Current Market Conditions in Riverton, CT
Over the past year, Riverton's real estate market has experienced steady appreciation, reflecting the area's desirability for families and retirees alike. The proximity to nature, coupled with the quaint village atmosphere, has drawn more homebuyers looking for peaceful living without sacrificing convenience. Given the limited inventory of homes, many properties are finding buyers quickly, often above asking price due to increased demand.
Both single-family homes and historic properties are popular among buyers, with recent trends indicating a movement towards larger homes that accommodate remote work and outdoor family activities. As a result, home values have risen by approximately 7% over the last year, and as the economy continues to recover post-pandemic, this trend appears to be holding steady.
Home Value Estimator For Riverton, CT
There are currently 235 real estate properties
in Riverton, CT,
with a median automated valuation model (AVM) price
of $399,653.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Riverton, 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 Riverton, CT,
is $419,019.00, with the most expensive house
in Riverton, CT, topping out
at $1,342,129.00 and the cheapest home
in Riverton, CT,
clocking in at $140,350.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Riverton, CT!
Rent Prices
In Riverton, CT
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Riverton, CT, is on
a rollercoaster ride. The
average rent price in Riverton, CT,
is $1,636.00. Indeed, when looking to rent in
Riverton, CT, you can expect to pay as little
as $1,020.00 or as much
as $2,480.00,
with the average rent median estimated to
be $1,610.00. The good news is that finding
an affordable and desirable property to rent in Riverton, 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.