Ledyard, CT
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Ledyard Neighborhoods Since 2000




Ledyard, 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

Ledyard Housing Market Information

With a population of 15,025, 5,704 total housing units (homes and apartments), and a median house value of $250,546, Ledyard real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Ledyard, accounting for 85.60% of the town's housing units. Other types of housing that are prevalent in Ledyard include duplexes, homes converted to apartments or other small apartment buildings ( 6.61%), mobile homes or trailers ( 3.93%), and a few large apartment complexes or high rise apartments ( 2.82%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Ledyard. Owner-occupied housing accounts for 81.72% of Ledyard's homes, and 72.08% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Ledyard 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 Ledyard built between 1940-1969 ( 40.24%). A lesser amount of the housing stock also hails from between 2000 and later ( 9.55%). There's also some housing in Ledyard built before 1939 ( 3.98%).

Ledyard Home Appreciation Rates

Homes have actually lost value in Ledyard over the last then years, as home values have seen a decline of 22.76% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Ledyard home appreciation rates at -1.34%, which equates to an annual appreciation rate of -5.24%.

Over the last year, Ledyard appreciation rates have trailed the rest of the nation. In the last twelve months, Ledyard's appreciation rate has been -0.62%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Ledyard were at -1.34%, which equates to an annual appreciation rate of -5.24%.

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

Relative to Connecticut, our data show that Ledyard's latest annual appreciation rate is lower than 60% of the other cities and towns in Connecticut.

Average Home Values

 

Median Home Value:
$250,546

Ledyard, CT HOME PRICES

Value Range
> $1,024,000 0.3
$768,001 - $1,024,000 0.1
$512,001 - $768,000 1.8
$410,001 - $512,000 3.9
$307,001 - $410,000 20.2
$205,001 - $307,000 45.1
$103,001 - $205,000 22.7
$51,001 - $103,000 1.8
$0 - $51,000 4.3

Low for CT
High for Nation

Value Relative to Nation Value Relative to State
22.4540021094574 66.2721893491124

Number Of Homes And Apartments:
5,704

Ledyard 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
25.70% 1.33% 5 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,332 / per month

Homeownership Rate

Homeownership
Owners 81.72
Renters 18.28
Vacant 7.40

Housing Market Details

 

Age of Homes

AGE OF Ledyard HOMES
2000 or Newer 9.5
1970 - 1999 46.2
1940 - 1969 40.2
1939 or Older 4.0

Types of Homes

TYPE OF Ledyard HOMES
Single-Family 85.6
Townhomes 1.0
Small Apt. Buildings 6.6
Apt. Complexes 2.8
Mobile Homes 3.9
Other 0.0

Home Size

SIZE OF Ledyard HOMES
No Bedroom 0.19
1 Bedroom 2.05
2 Bedrooms 21.41
3 Bedrooms 42.99
4 Bedrooms 29.09
5 or more bedrooms 4.27

Popular Neighborhoods in Ledyard

Zip Codes in Ledyard, CT