Plymouth, CT
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Plymouth Neighborhoods Since 2000




Plymouth, 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

Plymouth Housing Market Information

With a population of 11,813, 4,690 total housing units (homes and apartments), and a median house value of $178,520, Plymouth real estate values are some of the lowest in Connecticut, although compared to real estate around the nation, Plymouth homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Plymouth, accounting for 76.67% of the town's housing units. Other types of housing that are prevalent in Plymouth include duplexes, homes converted to apartments or other small apartment buildings ( 10.14%), large apartment complexes or high rise apartments ( 7.29%), and a few row houses and other attached homes ( 3.92%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Plymouth. Owner-occupied housing accounts for 81.47% of Plymouth's homes, and 64.01% 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. Plymouth's housing was primarily built during this period, from the '40s through the '60s. A full 34.91% of the town's housing hails from this era. Other housing ages represented in Plymouth include homes built between 1970-1999 ( 34.00%) and housing constructed before 1939 ( 19.78%). There's also some housing in Plymouth built between 2000 and later ( 11.31%).

Plymouth Home Appreciation Rates

Homes have actually lost value in Plymouth over the last then years, as home values have seen a decline of 28.80% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Plymouth home appreciation rates at -3.59%, which equates to an annual appreciation rate of -13.62%.

Over the last year, Plymouth appreciation rates have trailed the rest of the nation. In the last twelve months, Plymouth's appreciation rate has been -1.00%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Plymouth were at -3.59%, which equates to an annual appreciation rate of -13.62%.

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

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

Average Home Values

 

Median Home Value:
$178,520

Plymouth, CT HOME PRICES

Value Range
> $939,000 0.7
$705,001 - $939,000 0.7
$470,001 - $705,000 1.1
$376,001 - $470,000 2.2
$282,001 - $376,000 9.1
$188,001 - $282,000 31.9
$94,001 - $188,000 46.6
$47,001 - $94,000 4.8
$0 - $47,000 2.9

Very Low for CT
High for Nation

Value Relative to Nation Value Relative to State
38.649947263565 92.8994082840237

Number Of Homes And Apartments:
4,690

Plymouth 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
14.90% 0.81% 1 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,125 / per month

Homeownership Rate

Homeownership
Owners 81.47
Renters 18.53
Vacant 8.52

Housing Market Details

 

Age of Homes

AGE OF Plymouth HOMES
2000 or Newer 11.3
1970 - 1999 34.0
1940 - 1969 34.9
1939 or Older 19.8

Types of Homes

TYPE OF Plymouth HOMES
Single-Family 76.7
Townhomes 3.9
Small Apt. Buildings 10.1
Apt. Complexes 7.3
Mobile Homes 2.0
Other 0.0

Home Size

SIZE OF Plymouth HOMES
No Bedroom 1.85
1 Bedroom 5.85
2 Bedrooms 27.03
3 Bedrooms 50.24
4 Bedrooms 13.77
5 or more bedrooms 1.25

Popular Neighborhoods in Plymouth

Zip Codes in Plymouth, CT