Southbury, CT Foreclosures
How much do homes sell for in Southbury, CT?
The average home price is currently $510,630.
What’s the average rental cost in Southbury, CT?
The average rental price in Southbury is $1,855.
What is the most expensive home in Southbury?
The most expensive home sold in Southbury had a price of $36,361,096.
What is currently the cheapest priced home in Southbury, CT?
The cheapest home for sale in Southbury is priced at $23,222.
Living in Southbury, CT
Southbury, CT, is a tranquil suburb located in New Haven County offering picturesque views, numerous recreational opportunities, and a strong community spirit. With excellent schools, various amenities, and a close-knit neighborhood vibe, it’s an ideal place for families or individuals looking for a peaceful lifestyle with convenient access to urban experiences.
Current Market Conditions in Southbury, CT
Southbury's real estate market has been stable over the past few years, with a steady demand for single-family homes. The community's appeal is enhanced by its quality of life, outdoor activities, and family-oriented atmosphere, attracting buyers looking for a suburban lifestyle without sacrificing access to city conveniences.
In recent months, the market has seen an uptick in interest, particularly due to historically low mortgage rates and increased remote work opportunities, prompting many families and young professionals to reconsider suburban living. Homes tend to sell quickly, often receiving multiple offers, which indicates a competitive market.
Home Value Estimator For Southbury, CT
There are currently 8,269 real estate properties
in Southbury, CT,
with a median automated valuation model (AVM) price
of $465,996.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Southbury, 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 Southbury, CT,
is $510,630.00, with the most expensive house
in Southbury, CT, topping out
at $36,361,096.00 and the cheapest home
in Southbury, CT,
clocking in at $23,222.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Southbury, CT!
Rent Prices
In Southbury, CT
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Southbury, CT, is on
a rollercoaster ride. The
average rent price in Southbury, CT,
is $1,855.00. Indeed, when looking to rent in
Southbury, CT, you can expect to pay as little
as $1,130.00 or as much
as $4,320.00,
with the average rent median estimated to
be $1,900.00. The good news is that finding
an affordable and desirable property to rent in Southbury, 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.
Learn more on Foreclosure homes
