Cheshire Village's October First-Time Homebuyer Report

Cheshire Village is a city that is growing slightly faster than others in Connecticut at a 10-year growth rate of 5.5%. It also has an average-sized population of 5,786 people. Cheshire Village is made up of homes that are older than most with a median of 49 years. The best school in the city is Humiston School.

Culture

According to Foursquare, Bartlem Park and The Farmington Canal Trail are the most popular outdoor attractions in Cheshire Village. If you're looking for a good dining experience, some favorites are Victorian House Open, Rossini's Italian Restaurant & Pizza, and Dunkin Donuts. Lastly, Cheshire Coffee is a well-known place to get some coffee.

Price Range

Homes in Cheshire Village are generally more expensive than others in the state with a median home value of $310,300 and an average list price of $417,900. A record 10 homes were sold in the Cheshire Village market over the last 30 days, which is a new high going back to July. This is a 66.7% spike and comes on top of an extended three-week steady increase in sales activity.

Typical Dwelling

A four-bedroom detached home valued around $496,994 is considered a typical dwelling in Cheshire Village. If a buyer was looking for a similar home, they would need good credit and a $99,399 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,747 and the property tax rate is $18.96 per $1,000 of taxable assessed value.

Get started right now by checking out Cheshire Village homes for sale or reviewing Cheshire Village real estate trends.


Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
Connecticut Multiple Listing Service, Inc.
Snapped 1 home in this area

©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.