06062, Plainville, CT

The 6062 zip code of Plainville, CT has a median home value of $211,000 and a median home equity value of $128,500. The average home in the 6062 zip code was built in 1985 and is approximately 2,000 square feet. Approximately one-third of homes in the 6062 zip code are owner-occupied while two-thirds are occupied by renters. The average rent for a one-bedroom apartment in the 6062 zip code is $1,100 while the average rent for a two-bedroom apartment is $1,600.

There has been an increase in home values over the past five years in the 6062 zip code. In 2013, the median home value was $197,000 while the median home equity value was $114,500. In 2014, the median home value increased to $210,000 and the median home equity value increased to $128,500. In 2015 and 2016 respectively, both values increased to their highest levels at $221,000 and then again to their current level of $211,000 in 2017. There has been an overall increase of 23% since 2013 when both values were at their lowest levels.

One factor that may be contributing to this increase in home values is that Plainville has seen an influx of new residents over recent years due to its proximity to Hartford and New Haven as well as its excellent schools. Additionally there have been recent developments such as new shopping centers and businesses which have created more jobs opportunities within commuting distance which may also be contributing factors to increasing prices within this particular area.