Milford, CT 6460 - Real Estate Investment Insights & Performance Data

Welcome to our 6460 real estate data hub, tailored for investors in Milford, CT. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.

Explore essential data such as home prices, rental rates, and appreciation trends specific to 6460 in Milford, CT. Discover Section 8 housing opportunities and challenges to maximize your investment potential in NEW HAVEN COUNTY.

Leverage our comprehensive, zip code-specific data to excel in Milford, CT real estate investing. Uncover the wealth of information available, and position yourself for success in the Milford property market.

• Location Overview

  • Zip Code: 6460
  • City: Milford
  • State: CT
  • Metro Area: New Haven-Milford, CT
  • County Name: NEW HAVEN COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $411,471
  • Average Home Price (Single Family Homes): $429,231
  • Average Monthly Rental Price (All Types): $2,407
  • Price-to-Rent Ratio: 14
  • Zillow Projected % appreciation from 4/2023-4/2024: 0.8%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $2,140
  • Average 3 Bedroom Section 8 Rental Rates: $2,600
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 16.02
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 13.19
  • Number of Units Offered in Section 8 in the County: 9000
  • Number of Occupied Units in Section 8 in the County: 8578
  • Percentage of Section 8 Units Occupied in the County: 95.30000305%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): 150.94
  • Total % Appreciation since 2000 (Government Data): 116.98
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): 2%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 8.36%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 38.54%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 47.5%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 58.36%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 28.96%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 74.5%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 4.56%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 5.09%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 31.06%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 40%