06074, South Windsor, CT

The 6074 zip code of South Windsor, CT has a median home value of $191,000. The home equity in this zip code is $128,000. This means that the typical homeowner in this zip code has over 50% of their home equity invested in their home. This is a higher percentage than the national average of 37%.

South Windsor is a relatively affluent area and the homeownership rate here is above the national average. This may be due to the fact that many people who live in South Windsor are already homeowners or have owned their homes for some time. Additionally, there are many affluent families who live in this area and may be able to afford higher home values.

Despite being affluent, South Windsor does not have an extremely high rate of home prices compared to other areas of Connecticut. The median price for homes in this zip code is about $190,000 which is lower than the statewide median price of $269,500 and the national median price of $217,500.

One reason why South Windsor's home prices are lower than other areas may be because it has a smaller population density. In general, denser populations tend to have higher prices for housing because there are more potential buyers competing for limited properties. Additionally, South Windsor's location near New Haven may also contribute to its low rates ofhome prices since many people who want to buy a house in Connecticut prefer living close to major cities rather than rural areas.