Question 1

What is the median home value in South Central Connecticut Planning Region, CT?

Accepted Answer

The median home value in South Central Connecticut Planning Region, CT is $328,300, according to the latest Census ACS 5-Year Estimates.

Question 2

What is the cap rate in South Central Connecticut Planning Region, CT?

Accepted Answer

The cap rate proxy in South Central Connecticut Planning Region, CT is 5.3% (estimated from HUD Fair Market Rent and Census home values with a 35% expense ratio). This is moderate — deal-by-deal analysis recommended.

Question 3

How much new construction is happening in South Central Connecticut Planning Region, CT?

Accepted Answer

South Central Connecticut Planning Region has 566,803 residents and issued 907 building permits over the trailing twelve months, according to the Census Building Permits Survey.

Región de Planificación del Centro-Sur de Connecticut (South Central Connecticut Planning Region)