Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Litchfield area can be challenging. Home prices in Litchfield are now at a median cost of $340,331, lower than the Connecticut average of $357,181.
The average cost of rent is $1,110/mo in Litchfield, primarily driven by the current value of real estate in the Litchfield area. While nearly 34.40% of residents own their homes outright in Litchfield, 21.72% rent.
Housing affordability isn’t just about home prices, though. The average household income in Litchfield is $8,775 per month. Households that rent pay about 12.65% of their income on rent here. Litchfield's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Bantam, CT: less expensive homes
- Milton, CT: higher priced homes
- Morris, CT: equally priced homes
- East Litchfield, CT: less expensive homes
- Goshen, CT: equally priced homes
- Woodville, CT: higher priced homes
- Northfield, CT: less expensive homes
- Torrington, CT: less expensive homes
- Lakeside, CT: higher priced homes
- Harwinton, CT: equally priced homes
Cities with Similar Populations
- Allegany, NY: less expensive homes
- Laguna Beach, FL: less expensive homes
- Knob Noster, MO: less expensive homes
- Kingsley, MI: less expensive homes
- Keswick, VA: higher priced homes
- Jonesville, VA: less expensive homes
- Hyde Park, UT: higher priced homes
- Highland, MD: higher priced homes
- Hartford, SD: less expensive homes
- Greensboro, AL: less expensive homes
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