Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With 84,657 people, 28,894 houses or apartments, and a median cost of homes of $263,439, Danbury real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Danbury, accounting for 43.70% of the city's housing units. Other types of housing that are prevalent in Danbury include large apartment complexes or high rise apartments ( 23.22%), duplexes, homes converted to apartments or other small apartment buildings ( 22.18%), and a few row houses and other attached homes ( 9.44%).
People in Danbury primarily live in small (one, two or no bedroom) single-family detached homes. Danbury has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Danbury built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Danbury built between 1940-1969 ( 31.11%). A lesser amount of the housing stock also hails from before 1939 ( 21.88%). There's also some housing in Danbury built between 2000 and later ( 11.97%).
Homes have actually lost value in Danbury over the last then years, as home values have seen a decline of 29.87% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Danbury home appreciation rates at -1.81%, which equates to an annual appreciation rate of -7.04%.
Over the last year, Danbury appreciation rates have trailed the rest of the nation. In the last twelve months, Danbury's appreciation rate has been -2.38%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Danbury were at -1.81%, which equates to an annual appreciation rate of -7.04%.
Notably, Danbury's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Connecticut, our data show that Danbury's latest annual appreciation rate is lower than 80% of the other cities and towns in Connecticut.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Danbury differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Danbury - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Danbury real estate investment or home purchase decisions.
|$745,001 - $994,000||0.8|
|$497,001 - $745,000||4.3|
|$397,001 - $497,000||9.4|
|$298,001 - $397,000||24.2|
|$199,001 - $298,000||34.2|
|$99,001 - $199,000||21.6|
|$50,001 - $99,000||2.5|
|$0 - $50,000||2.5|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Danbury HOMES|
|2000 or Newer||12.0|
|1970 - 1999||35.0|
|1940 - 1969||31.1|
|1939 or Older||21.9|
|TYPE OF Danbury HOMES|
|Small Apt. Buildings||22.2|
|SIZE OF Danbury HOMES|
|5 or more bedrooms||3.15|