Connecticut Real Estate
According to census data in the year 2000 there were 1,385,975 housing units in Connecticut.
This represents a 4.9% from 1,320,850 in 1990.
Of those housing units, 1,218,714 were located in either urbanized areas or urban clusters, and 167,261 were located in what is classified as a rural area.
Homeownership rate in Connecticut is about 66.8%.
Connecticut's vacancy rate, including seasonal lodging, is about 6.1%.
Average household size is 2.53 people.
The majority of houses, apartments or condos in Connecticut were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.9% |
| One Bedroom | 13.4% |
| Two Bedrooms | 27.8% |
| Three Bedrooms | 37.1% |
| Four Bedrooms | 15.9% |
| Five Bedrooms or more | 3.9% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.69 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $166,900 |
| Median Price asked for vacant units | $136,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.22 |
| Median year structure was built | 1960 |
| Median Monthly Rent asked for vacant units | $565 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.1% |
| Second Mortgage | 7.3% |
| Home Equity Loan | 10.1% |
| Simple Mortgage | 53.8% |
| Debt Free | 28.6% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.1% |
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