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Preforeclosure Homes in Stonington, CT 06378

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Living in Stonington, CT

Stonington, CT, offers a picturesque coastal lifestyle with rich history and vibrant community activities. Its stunning waterfront views and top-tier schools make it an ideal place for families and professionals alike. The town balances tranquil living with a variety of shopping, dining, and outdoor experiences.

Current Market Conditions in Stonington, CT

The real estate market in Stonington has seen steady growth over the past few years. With its appealing coastal setting and desirable amenities, properties here maintain a solid appreciation rate, attracting both homeowners and investors alike.

Current trends indicate a competitive housing market, with limited inventory pushing prices higher. Investors looking here can expect a robust rental market due to the area's appeal to both tourists and long-term residents.

Home Value Estimator For Stonington, CT

There are currently 4,329 real estate properties in Stonington, CT, with a median automated valuation model (AVM) price of $644,028.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Stonington, 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 Stonington, CT, is $774,145.00, with the most expensive house in Stonington, CT, topping out at $28,428,774.00 and the cheapest home in Stonington, CT, clocking in at $12,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Stonington, CT!

Rent Prices In Stonington, CT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Stonington, CT, is on a rollercoaster ride. The average rent price in Stonington, CT, is $1,805.00. Indeed, when looking to rent in Stonington, CT, you can expect to pay as little as $930.00 or as much as $3,800.00, 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 Stonington, 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.

Stonington, CT 06378 Preforeclosure Homes


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