Explore Naugatuck, CT - Market Insights, Demographics, Crime, Trends & Hotspots
Market Insights
The housing market in Naugatuck continues to see strong price appreciation, with values up 19.7% compared to last year. Home prices have increased 6.8% in the past month alone. With 2.2 months of supply, Naugatuck's inventory levels remain relatively tight. Homes are taking about 58 days to sell, which is 12 days longer than this time last year. The majority of homes (71.9%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Naugatuck market with the affordability index at 58.6. Based on current market indicators, home prices in Naugatuck are projected to decrease by approximately 8.9% over the next month.
Demographics market for - Naugatuck, CT
Total Population -
31,653
White Population
78.11%
Black Population
8.50%
Crime for - Naugatuck, CT
Real Estate Market Prediction for - Naugatuck, CT
City Hotspots
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