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 44,323 people, 16,225 houses or apartments, and a median cost of homes of $191,733, Enfield real estate values are some of the lowest in Connecticut, although compared to real estate around the nation, Enfield homes are still considered rather expensive.
Single-family detached homes are the single most common housing type in Enfield, accounting for 68.92% of the town's housing units. Other types of housing that are prevalent in Enfield include duplexes, homes converted to apartments or other small apartment buildings ( 13.26%), large apartment complexes or high rise apartments ( 12.28%), and a few row houses and other attached homes ( 5.23%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Enfield. Owner-occupied housing accounts for 67.81% of Enfield's homes, and 63.31% 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. Enfield's housing was primarily built during this period, from the '40s through the '60s. A full 51.89% of the town's housing hails from this era. Other housing ages represented in Enfield include homes built between 1970-1999 ( 29.67%) and housing constructed before 1939 ( 15.41%). There's also some housing in Enfield built between 2000 and later ( 3.03%).
Enfield's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Enfield during the period has been just -1.93%, which is lower than 80% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Enfield's appreciation rate, at 4.80%, has been at or slightly above the national average. In the latest quarter, Enfield's appreciation rate has been -1.07%, which annualizes to a rate of -4.22%.
Notably, Enfield's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Connecticut, our data show that Enfield's latest annual appreciation rate is higher than 90% 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 Enfield differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Enfield - 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 Enfield real estate investment or home purchase decisions.
|$772,001 - $1,029,000||0.1|
|$515,001 - $772,000||1.0|
|$411,001 - $515,000||1.0|
|$309,001 - $411,000||4.6|
|$206,001 - $309,000||31.0|
|$103,001 - $206,000||57.6|
|$51,001 - $103,000||2.4|
|$0 - $51,000||2.1|
|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 Enfield HOMES|
|2000 or Newer||3.0|
|1970 - 1999||29.7|
|1940 - 1969||51.9|
|1939 or Older||15.4|
|TYPE OF Enfield HOMES|
|Small Apt. Buildings||13.3|
|SIZE OF Enfield HOMES|
|5 or more bedrooms||2.77|