Average Home Sizes and Asking Prices
Updated On: May 25, 2016
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Homes for Sale in Cheshire
Cheshire Real Estate & Homes for Sale in Connecticut
Located in New Haven County and home to about 30,000 residents, the town of Cheshire offers residents an excellent quality of life complete with affordable real estate options, neighborhood schools and nearby colleges, as well as a variety of parks and recreation areas all within a bucolic setting that evokes a sense of tranquility and safety in this friendly-friendly community. The town has even been recognized by Money Magazine and was ranked #72 in the publication's "Best Places to Live" list in 2009. Cheshire is centrally located between New Haven and Hartford. Residents may access New Haven and Hartford via Interstates 84, 91, and 691, as well as State Routes 10, 68, and 70.
Historic homes stand side-by-side newer housing developments here in Cheshire. First-time homebuyers, move-up buyers, and relocation buyers will find that Cheshire's housing market is diverse and affordable. Students are under the jurisdiction of Cheshire Public Schools, as well as several local private and parochial schools located throughout town. Once students graduate from high school and are ready to attain a degree in higher education, a number of colleges and universities such as Yale and Quinnipiac University await them.
Eight parks and recreation areas are located throughout Cheshire, many which include sports fields and picnic areas, as well as designated fishing and swimming areas, jogging trails, and pavilions. Cheshire is also home to a few museums and historical sites of interest, some which are listed on the National Register of Historic Places.
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Cheshire Real Estate Market: Prices of Houses for Sale in Cheshire
The real estate market in the town of Cheshire is affordable with the current median sales price at just under $275,000. Single family homes, townhomes and condos abound in Cheshire, and opportunities to purchase land parcels are just as plentiful. Prices for Cheshire's homes range from the low $145,000s for a starter home with 2 bedrooms and 2 bathrooms to $700,000 for a 5 bedroom home on a generously sized lot in a quiet, tree-lined neighborhood. New construction in Cheshire can be found starting in the $700,000s while luxury homes and estates can run upwards of $2 million. Buyers that are looking to invest in a townhome or condo property in Cheshire can expect prices to start from $85,500 to $600,000. Land parcels and farmland in Cheshire are priced starting from $115,000 to $440,000.
Cheshire Real Estate Stats and Trends for the week of May 23rd, 2016: homes priced around $346,002 compared to $346,555 the previous week, for a slight decrease of less than -1%. For Tuesday, May 24th, the current national mortgage rate for a 30 year fixed mortgage is 3.75%; the 15 year fixed rate is at 2.91%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.61%, while the 15 year jumbo rate currently is at 4.08%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Cheshire CT. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Cheshire to help you find the best home!