Wallingford Center, Connecticut Real Estate & Housing Market

Wallingford Center, CT Listings

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Wallingford Center Housing Information

Index	Wallingford Center	Connecticut	National
Median home price	$234,900	$269,300	$184,700
Median rent asked	$1,051	$1,094	$949
Avg. people per household	2.2	2.5	2.6
Owner occupied households	59.4%	66.5%	63.6%
Renter occupied households	40.6%	33.5%	36.4%

Above, you will see a summary of real estate in Wallingford Center, CT. On average, homes in Wallingford Center, CT cost $234,900, a value that is 13% lower than the average in Connecticut. In general terms, this results in Wallingford Center, CT real estate being more affordable than Connecticut real estate. On average, people who rent houses in Wallingford Center, CT pay $1,051; this value is 4% lower than the average amount renters pay in Connecticut. 59.4% of Wallingford Center, CT residents own their own homes and, on average, each of the homes has 2.2 occupants. Wallingford Center, CT real estate features a range of homes, which include everthing from large houses to small condos to stacked townhomes. Accessing real estate listings and homes that are up for sale in Wallingford Center, CT is easy because in our search area shown above, we categorize real estate and homes based on location, price, and the number of bedrooms and bathrooms.

Wallingford Center Home Affordability

It’s advisable to look at home affordability when trying to find the ideal place to find real estate in Wallingford Center, CT. To estimate home affordability, one method is to use the ratio of home price to median household income. The Wallingford Center, CT’s median home price stands at $234,900 while $61,169 is the value of the average household income. The resulting home price to income ratio, which is 3.8x, differs from the Connecticut average as the ratio is 2% higher than the state’s average. The average home price divided by the median home income results in the home affordability ratio. Considering the comparison between the home price and home income, homes in Wallingford Center, CT are considered less expensive if the ratio of home price to income is lower. Besides the home price to median household income ratio, other considerable factors do apply in determining home affordability. Using the home affordability calculator displayed below can help determine the exact price that suits any budget when searching for real estate in Wallingford Center, CT.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Waterbury, CT	109,211	$129,500	30%
Meriden, CT	60,203	$174,800	5%
Naugatuck, CT	31,625	$178,800	3%
New Haven, CT	130,405	$190,700	3%
West Haven, CT	54,972	$193,800	5%
Wallingford Center, CT	17,634	$234,900	27%

Cities with similar population

City, State	Population	Home Price	National Avg.
New Castle, IN	17,634	$68,800	63%
Westerly, RI	17,632	$280,800	52%
Helena, AL	17,630	$185,000	0%
Maryland City, MD	17,647	$280,200	52%
Redland, MD	17,655	$402,500	118%
Wallingford Center, CT	17,634	$234,900	27%

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