Guilford, CT
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Guilford Neighborhoods Since 2000




Guilford, 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

Guilford Housing Market Information

With 22,350 people, 8,725 houses or apartments, and a median cost of homes of $374,014, Guilford house prices are not only among the most expensive in Connecticut, Guilford real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Guilford, accounting for 84.85% of the town's housing units. Other types of housing that are prevalent in Guilford include large apartment complexes or high rise apartments ( 6.13%), duplexes, homes converted to apartments or other small apartment buildings ( 4.89%), and a few row houses and other attached homes ( 3.85%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Guilford. Owner-occupied housing accounts for 83.39% of Guilford's homes, and 62.75% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Guilford 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 Guilford built between 1940-1969 ( 26.29%). A lesser amount of the housing stock also hails from before 1939 ( 14.30%). There's also some housing in Guilford built between 2000 and later ( 7.55%).

Guilford Home Appreciation Rates

Guilford's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Guilford during the period has been just -1.92%, which is lower than 80% of US communities.

Over the last year, Guilford appreciation rates have trailed the rest of the nation. In the last twelve months, Guilford's appreciation rate has been -0.63%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Guilford were at -0.47%, which equates to an annual appreciation rate of -1.86%.

Relative to Connecticut, our data show that Guilford's latest annual appreciation rate is lower than 60% 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 Guilford differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Guilford - 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 Guilford real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$374,014

Guilford, CT HOME PRICES

Value Range
> $998,000 4.4
$748,001 - $998,000 5.3
$499,001 - $748,000 19.3
$399,001 - $499,000 15.7
$299,001 - $399,000 29.9
$200,001 - $299,000 17.4
$100,001 - $200,000 5.8
$50,001 - $100,000 0.2
$0 - $50,000 1.9

Very High for CT
Very High for Nation

Value Relative to Nation Value Relative to State
10.6820578928864 19.5266272189349

Number Of Homes And Apartments:
8,725

Guilford 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
32.21% 1.63% 7 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,550 / per month

Homeownership Rate

Homeownership
Owners 83.39
Renters 16.61
Vacant 8.91

Housing Market Details

 

Age of Homes

AGE OF Guilford HOMES
2000 or Newer 7.5
1970 - 1999 51.9
1940 - 1969 26.3
1939 or Older 14.3

Types of Homes

TYPE OF Guilford HOMES
Single-Family 84.9
Townhomes 3.9
Small Apt. Buildings 4.9
Apt. Complexes 6.1
Mobile Homes 0.3
Other 0.0

Home Size

SIZE OF Guilford HOMES
No Bedroom 1.26
1 Bedroom 8.45
2 Bedrooms 21.46
3 Bedrooms 36.91
4 Bedrooms 25.84
5 or more bedrooms 6.09