06071, Somers, CT

The Somers, CT 6071 zip code is located in the eastern part of the state and has a population of about 25,000. The median home value in this zip code is $209,900 and the median home equity is $127,500. In terms of home prices, Somers has seen a moderate increase over the past few years. In 2015, Somers saw an increase of 2.5% in home prices while in 2016 it increased by 3%. However, 2017 saw a decrease of 1.8%.

One factor that could be contributing to this decrease is that there are more homes for sale than there are buyers. This could be due to a number of factors such as low interest rates or stricter lending criteria. Additionally, some buyers may be waiting for more affordable options to become available before making an offer on a property.

Despite these decreases over the past year or so, Somers still ranks as one of the most expensive zip codes in Connecticut when it comes to home values and equity. This high cost may make it difficult for some people who live in this area to purchase or upgrade their homes. Additionally, if someone does decide to buy a property in Somers they may need to save for quite some time since homes here typically take longer to sell than those located elsewhere in Connecticut or even nationwide.