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 36,628 people, 12,123 houses or apartments, and a median cost of homes of $401,778, Trumbull house prices are not only among the most expensive in Connecticut, Trumbull 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 Trumbull, accounting for 87.33% of the town's housing units. Other types of housing that are prevalent in Trumbull include large apartment complexes or high rise apartments ( 6.25%), row houses and other attached homes ( 3.94%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.48%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Trumbull. Owner-occupied housing accounts for 87.28% of Trumbull's homes, and 77.29% 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. Trumbull's housing was primarily built during this period, from the '40s through the '60s. A full 47.90% of the town's housing hails from this era. Other housing ages represented in Trumbull include homes built between 1970-1999 ( 34.90%) and housing constructed before 1939 ( 11.75%). There's also some housing in Trumbull built between 2000 and later ( 5.45%).
Homes have actually lost value in Trumbull over the last then years, as home values have seen a decline of 21.38% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Trumbull home appreciation rates at -1.81%, which equates to an annual appreciation rate of -7.04%.
Over the last year, Trumbull appreciation rates have trailed the rest of the nation. In the last twelve months, Trumbull's appreciation rate has been -1.03%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Trumbull were at -1.81%, which equates to an annual appreciation rate of -7.04%.
Notably, Trumbull's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Connecticut, our data show that Trumbull'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 Trumbull differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Trumbull - 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 Trumbull real estate investment or home purchase decisions.
|$754,001 - $1,006,000||3.9|
|$503,001 - $754,000||20.4|
|$402,001 - $503,000||23.3|
|$302,001 - $402,000||36.9|
|$201,001 - $302,000||10.3|
|$101,001 - $201,000||2.3|
|$50,001 - $101,000||0.1|
|$0 - $50,000||1.5|
|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 Trumbull HOMES|
|2000 or Newer||5.4|
|1970 - 1999||34.9|
|1940 - 1969||47.9|
|1939 or Older||11.8|
|TYPE OF Trumbull HOMES|
|Small Apt. Buildings||2.5|
|SIZE OF Trumbull HOMES|
|5 or more bedrooms||6.51|