Branford Center, Connecticut Real Estate & Housing Market

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Branford Center Housing Information

Index	Branford Center	Connecticut	National
Median home price	$288,200	$269,300	$184,700
Median rent asked	$1,149	$1,094	$949
Avg. people per household	2.1	2.5	2.6
Owner occupied households	48.3%	66.5%	63.6%
Renter occupied households	51.7%	33.5%	36.4%

A general overview of the Branford Center, CT real estate market is displayed above. The median home price for homes in Branford Center, CT is $288,200, which is 7% higher than the Connecticut average. This means that real estate in the Branford Center, CT area is generally less affordable than the rest of Connecticut. The median rent price in Branford Center, CT is $1,149 which is 5% higher than the Connecticut average. In Branford Center, CT, 48.3% of people are home owners and an average of 2.1 people occupy each home. From luxury houses to affordable condos to urban townhomes, there are many different types of real estate in Branford Center, CT. We make it easy to find Branford Center, CT real estate listings and homes for sale by filtering location, price, bedrooms and bathrooms in the search area above.

Branford Center Home Affordability

Home affordability can be a very important factor when determining where to purchase real estate in Branford Center, CT. One method that can be used to calculate home affordability is the home price to median household income ratio. The median home price in Branford Center, CT is $288,200 and the median household income is $65,505. This results in a home price to income ratio of 4.4x, which is 17% higher than the Connecticut average. The home affordability ratio is calculated by dividing the median home price by the median home income. A lower than average home price to income ratio means that homes in Branford Center, CT are more affordable based on the median price of homes compared to home income. Of course, there are many other factors to consider when focusing on home affordability. Use the home affordability calculator below to see exactly how much you can afford to pay for real estate in Branford Center, CT.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Naugatuck, CT	31,625	$178,800	3%
New Haven, CT	130,405	$190,700	3%
West Haven, CT	54,972	$193,800	5%
Derby, CT	12,755	$199,400	8%
East Haven, CT	29,015	$207,000	12%
Branford Center, CT	6,360	$288,200	56%

Cities with similar population

City, State	Population	Home Price	National Avg.
Makawao, HI	6,362	$526,900	185%
Richboro, PA	6,357	$406,100	120%
Bethel, AK	6,365	$255,100	38%
Aztec, NM	6,354	$155,400	16%
Metropolis, IL	6,366	$75,400	59%
Branford Center, CT	6,360	$288,200	56%

Source: The Branford Center, CT housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).