Darien, CT
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Darien Neighborhoods Since 2000




Darien, CT Real Estate Data

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Darien Housing Market Information

With a population of 21,787, 6,555 total housing units (homes and apartments), and a median house value of $1,267,525, Darien house prices are not only among the most expensive in Connecticut, Darien real estate also is some of the most expensive in all of America.

Darien is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Darien than is found in 98% of the communities in America.

The large homes that make up Darien are primarily owner-occupied ( 86.40%).

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Darien's housing was primarily built during this period, from the '40s through the '60s. A full 41.95% of the town's housing hails from this era. Other housing ages represented in Darien include homes built before 1939 ( 27.36%) and housing constructed between 1970-1999 ( 18.05%). There's also some housing in Darien built between 2000 and later ( 12.64%).

Darien Home Appreciation Rates

Appreciation rates for homes in Darien have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 9.03%, which ranks in the top 40% nationwide. This equates to an annual average Darien house appreciation rate of 0.87%.

Over the last year, Darien appreciation rates have trailed the rest of the nation. In the last twelve months, Darien's appreciation rate has been -1.61%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Darien were at -1.81%, which equates to an annual appreciation rate of -7.04%.

Notably, Darien's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Connecticut, our data show that Darien's latest annual appreciation rate is lower than 70% 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 town. Individual neighborhoods within Darien differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Darien - 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 Darien real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$1,267,525

Darien, CT HOME PRICES

Value Range
> $1,049,000 63.4
$787,001 - $1,049,000 19.7
$525,001 - $787,000 10.5
$420,001 - $525,000 2.5
$315,001 - $420,000 1.1
$210,001 - $315,000 1.0
$105,001 - $210,000 0.9
$52,001 - $105,000 0.1
$0 - $52,000 0.8

Very High for CT
Very High for Nation

Value Relative to Nation Value Relative to State
0.662135239657799 1.77514792899408

Number Of Homes And Apartments:
6,555

Darien Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CT*
Compared To
America*
Latest Quarter:
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
Since 2000:
2000 Q1 - 2017 Q1
73.71% 3.25% 10 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$3,387 / per month

Homeownership Rate

Homeownership
Owners 86.40
Renters 13.60
Vacant 5.55

Housing Market Details

 

Age of Homes

AGE OF Darien HOMES
2000 or Newer 12.6
1970 - 1999 18.1
1940 - 1969 41.9
1939 or Older 27.4

Types of Homes

TYPE OF Darien HOMES
Single-Family 90.5
Townhomes 2.3
Small Apt. Buildings 3.7
Apt. Complexes 3.3
Mobile Homes 0.1
Other 0.0

Home Size

SIZE OF Darien HOMES
No Bedroom 0.37
1 Bedroom 4.34
2 Bedrooms 7.36
3 Bedrooms 24.70
4 Bedrooms 38.30
5 or more bedrooms 24.93