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Preforeclosure Homes in Torrington, CT

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Torrington, CT Foreclosures

How much do homes sell for in Torrington, CT?
The average home price is currently $338,111.
In Torrington, CT, how many homes are available?
There are currently 38 active home listings available in Torrington.
What’s the average rental cost in Torrington, CT?
The average rental price in Torrington is $1,279.
What is the most expensive home in Torrington?
The most expensive home sold in Torrington had a price of $26,180,590.
What is currently the cheapest priced home in Torrington, CT?
The cheapest home for sale in Torrington is priced at $12,589.

Living in Torrington, CT

Torrington, CT, is a charming city rich in history and community spirit. It offers a blend of cultural attractions, outdoor recreational activities, and a strong educational system. With a welcoming downtown and a variety of events throughout the year, Torrington is a great place to live for families and individuals alike.

Current Market Conditions in Torrington, CT

The current real estate market in Torrington shows a steady increase in home prices due to low inventory and high demand. Buyers are attracted to the city because of its affordable housing compared to neighboring areas and the quality of life it offers. Recently, there have been more new construction homes coming on the market, appealing to first-time buyers and those looking to relocate.

The market has become competitive, with many homes receiving multiple offers shortly after listing. Sellers can expect quicker sales and potentially higher sale prices. The rental market is also active, attracting investors looking to benefit from the increasing demand for rental properties.

Home Value Estimator For Torrington, CT

There are currently 12,960 real estate properties in Torrington, CT, with a median automated valuation model (AVM) price of $305,147.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Torrington, 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 Torrington, CT, is $338,111.00, with the most expensive house in Torrington, CT, topping out at $26,180,590.00 and the cheapest home in Torrington, CT, clocking in at $12,589.00. In other words, there’s something for every potential homebuyer or savvy investor in Torrington, CT!

Rent Prices In Torrington, CT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Torrington, CT, is on a rollercoaster ride. The average rent price in Torrington, CT, is $1,279.00. Indeed, when looking to rent in Torrington, CT, you can expect to pay as little as $500.00 or as much as $2,700.00, with the average rent median estimated to be $1,310.00. The good news is that finding an affordable and desirable property to rent in Torrington, 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.

Torrington, CT Preforeclosure Homes


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