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Foreclosure Homes in Somers, CT 06071

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Somers, CT Foreclosures

How much do homes sell for in Somers, CT?
The average home price is currently $502,975.
In Somers, CT, how many homes are available?
There are currently 6 active home listings available in Somers.
What’s the average rental cost in Somers, CT?
The average rental price in Somers is $1,796.
What is the most expensive home in Somers?
The most expensive home sold in Somers had a price of $6,699,000.
What is currently the cheapest priced home in Somers, CT?
The cheapest home for sale in Somers is priced at $25,327.

Living in Somers, CT

Somers, CT is a delightful suburban town offering a blend of rural charm and modern convenience. Residents benefit from a strong sense of community, ample outdoor recreational opportunities, and quality educational institutions. It is a serene place to call home for families and individuals alike.

Current Market Conditions in Somers, CT

The real estate market in Somers, CT is currently stable, characterized by a healthy balance of supply and demand. Home prices have experienced slight fluctuations, with many properties maintaining their value due to the desirability of the area and its amenities.

In recent months, there has been a gradual increase in home sales, indicating an uptick in interest from buyers looking for spacious properties in suburban settings. The market is considered competitive, particularly for well-priced homes in desirable neighborhoods.

Home Value Estimator For Somers, CT

There are currently 3,363 real estate properties in Somers, CT, with a median automated valuation model (AVM) price of $480,898.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Somers, 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 Somers, CT, is $502,975.00, with the most expensive house in Somers, CT, topping out at $6,699,000.00 and the cheapest home in Somers, CT, clocking in at $25,327.00. In other words, there’s something for every potential homebuyer or savvy investor in Somers, CT!

Rent Prices In Somers, CT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Somers, CT, is on a rollercoaster ride. The average rent price in Somers, CT, is $1,796.00. Indeed, when looking to rent in Somers, CT, you can expect to pay as little as $1,180.00 or as much as $4,380.00, with the average rent median estimated to be $1,780.00. The good news is that finding an affordable and desirable property to rent in Somers, 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.

Somers, CT 06071 Foreclosures


Market Trend for Somers, CT

Total Listings Available: 6

Market Values:

Home Prices from $25,327 to $6,699,000

Average Sales Price: $502,975

Rental Values:

Rental from $1,180 to $4,380

Average Rent Value: $1,796 / month

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