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Connecticut Real Estate


According to census data in the year 2000 there were 1,385,975 housing units in Connecticut. This represents a 4.9% from 1,320,850 in 1990.

Of those housing units, 1,218,714 were located in either urbanized areas or urban clusters, and 167,261 were located in what is classified as a rural area.

Homeownership rate in Connecticut is about 66.8%. Connecticut's vacancy rate, including seasonal lodging, is about 6.1%. Average household size is 2.53 people.

The majority of houses, apartments or condos in Connecticut were built after 1962.

Statistics

Housing Size

Housing Units by Size
Studio Type1.9%
One Bedroom13.4%
Two Bedrooms27.8%
Three Bedrooms37.1%
Four Bedrooms15.9%
Five Bedrooms or more3.9%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.69
Median year structure was built1962
Median Value of occupied units$166,900
Median Price asked for vacant units$136,500

Rented Homes, Apartments and Condos

Average Household Size2.22
Median year structure was built1960
Median Monthly Rent asked for vacant units$565

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.1%
Second Mortgage7.3%
Home Equity Loan10.1%
Simple Mortgage53.8%
Debt Free28.6%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs20.1%

Cities & Towns


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