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 a population of 13,464, 5,082 total housing units (homes and apartments), and a median house value of $473,973, North Branford real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in North Branford, accounting for 79.16% of the town's housing units. Other types of housing that are prevalent in North Branford include large apartment complexes or high rise apartments ( 10.69%), row houses and other attached homes ( 5.67%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.49%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in North Branford. Owner-occupied housing accounts for 86.72% of North Branford's homes, and 65.44% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in North Branford 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 North Branford built between 1940-1969 ( 37.99%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.17%). There's also some housing in North Branford built before 1939 ( 7.49%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in North Branford, where house values have increased just 54.82%, which is annualized rate of 4.47%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
NeighborhoodScout's data show that during the latest twelve months, North Branford's appreciation rate, at 6.42%, has been at or slightly above the national average. In the latest quarter, North Branford's appreciation rate has been 0.95%, which annualizes to a rate of 3.86%.
Relative to Connecticut, our data show that North Branford's latest annual appreciation rate is lower than 70% of the other cities and towns in Connecticut.
$473,973
for Connecticut
for nation
5,082
$2,937 / per month