06759, Litchfield, CT

The 6759 zip code of Litchfield, CT has a median home value of $269,900 and a median home equity value of $130,100. These values are significantly higher than the statewide median home value of $146,600 and statewide median home equity value of $102,200. The 6759 zip code also has a significantly higher percentage of homes with a mortgage compared to the statewide percentage of homes with a mortgage at 66%. This indicates that homeowners in the 6759 zip code have more access to financing options than homeowners in other parts of Connecticut.

One factor that may contribute to the high values in the 6759 zip code are the many affluent residents who live there. The population density in this zip code is low compared to most other areas in Connecticut, which may allow for more land per capita and thus higher prices for properties. Additionally, many wealthy individuals choose to live in this area because it is close to major cities like Hartford and New Haven. This concentration of wealth may also be contributing to high home values.