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.
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Location Overview
- Zip Code: 6460
- City: Milford
- State: CT
- Metro Area: New Haven-Milford, CT
- County Name: NEW HAVEN COUNTY
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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%
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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%
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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%
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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%