15 CT cities the place the true property market is on fireplace

Painted late last year to honor Middletown’s year-round celebration of LGBTQ+ pride, the rainbow-colored crosswalk on Middletown’s Main Street symbolizes how the city embraces diversity of all kinds in its downtown philosophy.

The rainbow-colored crosswalk on Middletown’s Important Road.

Cloe Poisson / Cloe Poisson

Sitting squarely in central Connecticut’s center market with a median sale worth of simply over $290,000 in 2021, Middletown noticed gross sales soar 11 p.c final 12 months regardless of a slight decline in listings.

Raytheon Applied sciences runs one among Connecticut’s bigger vegetation in Middletown, a Pratt & Whitney facility that builds and refurbishes jet engines. And with its central location between Hartford and New Haven, Middletown is in a position to attract residents who commute in each instructions.

However the city has loads of treasures for evenings and weekends, together with alongside a Important Road that the Nationwide Belief for Historic Preservation included a decade in the past on an inaugural record of 5 boulevards dubbed “most romantic” nationwide. And the Wadsworth Mansion — whose pretty grounds have been just lately featured on Antiques Roadshow — has public occasions all year long, together with a July live performance sequence and an open-air market and pageant in August.

Elsewhere on the recreation entrance, Middletown has intensive frontage alongside the Connecticut River and shares Wadsworth Falls State Park with neighboring Middlefield. In close by Portland, Brownstone Exploration and Discovery Park affords ziplines and water diversions. And Wesleyan College hosts an array of talks and cultural occasions year-round.

“Only a nice, strolling downtown the place you possibly can park your automobile at one finish and restaurant hop, bar hop, stroll to a movie show, to a brewery,” says Newman of Keller Williams Realty. “Middletown’s received a extremely numerous group of properties — you will get one thing downtown for simply over $100,000 that wants quite a lot of work, or you will get one thing all the way in which up into the thousands and thousands.”

Inhabitants: 47,717 (↑ 0.1% from 2010) • Median family earnings: $65,572

2021 single-family residence gross sales: Median gross sales worth: $280,000 • No. of Gross sales: 502 (↑ 11% from 2020) • Median days in the marketplace: 9

2021 rental gross sales: Median gross sales worth: $144,000 • No. of Gross sales: 216 (↑ 34% from 2020) • Median days in the marketplace: 8

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