Woodbury, CT
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Woodbury Neighborhoods Since 2000




Woodbury, 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

Woodbury Housing Market Information

With 9,636 people, 4,101 houses or apartments, and a median cost of homes of $329,642, real estate costs in Woodbury are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Connecticut communities.

Single-family detached homes are the single most common housing type in Woodbury, accounting for 67.93% of the town's housing units. Other types of housing that are prevalent in Woodbury include large apartment complexes or high rise apartments ( 14.39%), duplexes, homes converted to apartments or other small apartment buildings ( 10.40%), and a few row houses and other attached homes ( 7.28%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Woodbury. Owner-occupied housing accounts for 74.44% of Woodbury's homes, and 52.60% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Woodbury 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 Woodbury built between 1940-1969 ( 27.57%). A lesser amount of the housing stock also hails from before 1939 ( 19.61%). There's also some housing in Woodbury built between 2000 and later ( 6.28%).

Woodbury Home Appreciation Rates

Homes have actually lost value in Woodbury over the last then years, as home values have seen a decline of 26.96% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Woodbury home appreciation rates at -3.59%, which equates to an annual appreciation rate of -13.62%.

Over the last year, Woodbury appreciation rates have trailed the rest of the nation. In the last twelve months, Woodbury's appreciation rate has been -6.95%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Woodbury were at -3.59%, which equates to an annual appreciation rate of -13.62%.

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

Relative to Connecticut, our data show that Woodbury's latest annual appreciation rate is lower than 90% of the other cities and towns in Connecticut.

Average Home Values

 

Median Home Value:
$329,642

Woodbury, CT HOME PRICES

Value Range
> $924,000 0.7
$693,001 - $924,000 1.8
$462,001 - $693,000 17.2
$369,001 - $462,000 13.9
$277,001 - $369,000 24.5
$185,001 - $277,000 19.8
$92,001 - $185,000 18.0
$46,001 - $92,000 2.1
$0 - $46,000 2.2

High for CT
Very High for Nation

Value Relative to Nation Value Relative to State
13.7524903316536 30.7692307692308

Number Of Homes And Apartments:
4,101

Woodbury 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
11.61% 0.64% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,452 / per month

Homeownership Rate

Homeownership
Owners 74.44
Renters 25.56
Vacant 8.09

Housing Market Details

 

Age of Homes

AGE OF Woodbury HOMES
2000 or Newer 6.3
1970 - 1999 46.5
1940 - 1969 27.6
1939 or Older 19.6

Types of Homes

TYPE OF Woodbury HOMES
Single-Family 67.9
Townhomes 7.3
Small Apt. Buildings 10.4
Apt. Complexes 14.4
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Woodbury HOMES
No Bedroom 3.14
1 Bedroom 9.37
2 Bedrooms 31.91
3 Bedrooms 28.19
4 Bedrooms 24.41
5 or more bedrooms 2.98