Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cornwall area can be challenging. Home prices in Cornwall are now at a median cost of $422,636, higher than the Connecticut average of $357,181.
The average cost of rent is $1,357/mo in Cornwall, primarily driven by the current value of real estate in the Cornwall area. While nearly 35.34% of residents own their homes outright in Cornwall, 21.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cornwall is $8,559 per month. Households that rent pay about 15.86% of their income on rent here. Cornwall's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Cornwall Bridge, CT: equally priced homes
- West Cornwall, CT: equally priced homes
- South Ellsworth, CT: higher priced homes
- Warren, CT: less expensive homes
- Milton, CT: equally priced homes
- Goshen, CT: less expensive homes
- Woodville, CT: equally priced homes
- North Kent, CT: less expensive homes
- West Woods, CT: higher priced homes
- Sharon, CT: equally priced homes
Cities with Similar Populations
- Wabash, OH: less expensive homes
- Craige, WA: less expensive homes
- Crandall, SD: less expensive homes
- Crane Lake, MN: less expensive homes
- Creelsboro, KY: less expensive homes
- Watauga, KY: less expensive homes
- Crossroads, VA: less expensive homes
- Crown King, AZ: equally priced homes
- Cruzville, NM: less expensive homes
- Cudjoe Key, FL: higher priced homes
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