Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 8,949 people, 3,676 houses or apartments, and a median cost of homes of $447,027, East Haddam real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in East Haddam, accounting for 90.28% of the town's housing units. Other types of housing that are prevalent in East Haddam include duplexes, homes converted to apartments or other small apartment buildings ( 6.40%), large apartment complexes or high rise apartments ( 2.27%), and a few row houses and other attached homes ( 1.04%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in East Haddam. Owner-occupied housing accounts for 82.42% of East Haddam's homes, and 57.08% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in East Haddam built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in East Haddam built between 1940-1969 ( 24.55%). A lesser amount of the housing stock also hails from before 1939 ( 21.57%). There's also some housing in East Haddam built between 2000 and later ( 14.19%).
Vacant housing appears to be an issue in East Haddam. Fully 16.53% of the housing stock is classified as vacant. Left unchecked, vacant East Haddam homes and apartments can be a drag on the real estate market, holding East Haddam real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
East Haddam's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in East Haddam during the period has been just 4.82%, which is lower than 80% of US communities.
NeighborhoodScout's data show that during the latest twelve months, East Haddam's appreciation rate, at 6.71%, has been at or slightly above the national average. In the latest quarter, East Haddam's appreciation rate has been 2.73%, which annualizes to a rate of 11.36%.
Relative to Connecticut, our data show that East Haddam's latest annual appreciation rate is lower than 70% of the other cities and towns in Connecticut.
$447,027
for Connecticut
for nation
3,676
$2,061 / per month