Foreclosure Homes in Waterbury, CT 06706

Current Market Conditions in Waterbury, CT

The real estate market in Waterbury has recently shown signs of growth, with an increasing number of buyers looking for affordable homes. This has led to a competitive market where properties are often selling faster than in previous years.

Investors are attracted to Waterbury due to its relatively low property prices combined with a steady rental market. With ongoing developments and revitalization projects, the potential for property appreciation in the area looks promising.

Rent Prices In Waterbury, CT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Waterbury, CT, is on a rollercoaster ride. The average rent price in Waterbury, CT, is $1,294.00. Indeed, when looking to rent in Waterbury, CT, you can expect to pay as little as $730.00 or as much as $1,950.00, with the average rent median estimated to be $1,330.00. The good news is that finding an affordable and desirable property to rent in Waterbury, 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.