Easton, CT
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Easton, 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

Easton Housing Market Information

With 7,625 people, 2,682 houses or apartments, and a median cost of homes of $594,316, Easton house prices are not only among the most expensive in Connecticut, Easton real estate also is some of the most expensive in all of America.

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

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Easton. Owner-occupied housing accounts for 93.61% of Easton's homes, and 78.31% have either three or four bedrooms, which is average sized relative to America.

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. Easton's housing was primarily built during this period, from the '40s through the '60s. A full 41.78% of the town's housing hails from this era. Other housing ages represented in Easton include homes built between 1970-1999 ( 36.89%) and housing constructed before 1939 ( 13.60%). There's also some housing in Easton built between 2000 and later ( 7.73%).

Easton Home Appreciation Rates

Homes have actually lost value in Easton over the last then years, as home values have seen a decline of 23.97% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Easton home appreciation rates at -1.81%, which equates to an annual appreciation rate of -7.04%.

Over the last year, Easton appreciation rates have trailed the rest of the nation. In the last twelve months, Easton's appreciation rate has been -2.99%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Easton were at -1.81%, which equates to an annual appreciation rate of -7.04%.

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

Relative to Connecticut, our data show that Easton's latest annual appreciation rate is lower than 80% of the other cities and towns in Connecticut.

Average Home Values

 

Median Home Value:
$594,316

Easton, CT HOME PRICES

Value Range
> $970,000 9.4
$727,001 - $970,000 22.5
$485,001 - $727,000 41.6
$388,001 - $485,000 14.2
$291,001 - $388,000 7.4
$194,001 - $291,000 1.3
$97,001 - $194,000 0.7
$48,001 - $97,000 0.3
$0 - $48,000 2.5

Very High for CT
Very High for Nation

Value Relative to Nation Value Relative to State
4.01968826907301 5.91715976331361

Number Of Homes And Apartments:
2,682

Easton 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
11.06% 0.61% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$4,206 / per month

Homeownership Rate

Homeownership
Owners 93.61
Renters 6.39
Vacant 2.72

Housing Market Details

 

Age of Homes

AGE OF Easton HOMES
2000 or Newer 7.7
1970 - 1999 36.9
1940 - 1969 41.8
1939 or Older 13.6

Types of Homes

TYPE OF Easton HOMES
Single-Family 97.0
Townhomes 1.6
Small Apt. Buildings 0.4
Apt. Complexes 0.8
Mobile Homes 0.2
Other 0.0

Home Size

SIZE OF Easton HOMES
No Bedroom 0.00
1 Bedroom 1.78
2 Bedrooms 6.35
3 Bedrooms 30.72
4 Bedrooms 47.59
5 or more bedrooms 13.57

Popular Neighborhoods in Easton

Zip Codes in Easton, CT