October's First-Time Homebuyer Report for West River

West River is a smaller-than-average neighborhood in New Haven with a population of 3,964 residents, and it has an average density compared to the rest of the city, with 9,492.4 people per square mile. Homes in West River are older than most with a median age of 73 years. The best school in the neighborhood is Amistad Academy.

Price Range

The median value of homes in West River is $166,763, making the area almost identical to others in New Haven. At the same time, the average list price of available homes is presently $137,260. The West River market saw sales remain flat this week with two homes sold over the last 30 days, while new listings spiked to four.

Typical Dwelling

A zero-bedroom detached home valued around $155,685 is considered a typical dwelling in West River. If a buyer was looking for a similar home, they would need good credit and a $31,137 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $804 and the property tax rate is $18.96 per $1,000 of taxable assessed value.

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


Data reported through 10/13/2016

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