New Haven, CT

Population: 130,660
Average annual home appreciation rate: 3.52%
Total of homes for sale in this market: 174
Median home price: $200,771
Median Rent: $1,239 per room
Home price range: 35.92% of homes are between $96,001 – $192,000
Median sales price: No data
Number of homes: 425
Median foreclosure sales price: $124,700
Foreclosure discount: No data
Most common home type: 40.86% of homes are SMALL APARTMENT BUILDINGS
Number of vacant homes: 12.85%
Number of renters: 71.40%
Number of owner occupied: 28.60%
Number people living below poverty level: 26.53%
Unemployment rate: 7.60%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the New Haven area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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