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These days, finding an affordable place to live in the Southbury area can be challenging. Home prices in Southbury are now at a median cost of $425,314, higher than the Connecticut average of $418,901.
The average cost of rent is $1,912/mo in Southbury, primarily driven by the current value of real estate in the Southbury area. In Southbury, 11.83% of households rent, and 43.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Southbury is $10,416 per month. Households that rent pay about 18.36% of their income on rent here. Southbury’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cedarhurst, CT: higher priced homes
- Sandy Hook, CT: higher priced homes
- Roxbury Falls, CT: higher priced homes
- Woodbury, CT: equally priced homes
- Oxford, CT: higher priced homes
- Middlebury, CT: higher priced homes
- Roxbury, CT: higher priced homes
- Newtown, CT: higher priced homes
- Minortown, CT: higher priced homes
- Bridgewater, CT: higher priced homes
Cities with Similar Populations
- Somerton, AZ: less expensive homes
- Elkins Park, PA: less expensive homes
- Enola, PA: less expensive homes
- Satellite Beach, FL: higher priced homes
- Sellersburg, IN: less expensive homes
- Sharon, MA: higher priced homes
- Sherrelwood, CO: equally priced homes
- Sienna Plantation, TX: higher priced homes
- Sikeston, MO: less expensive homes
- East Lake, FL: higher priced homes
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