Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 55,379 people, 20,730 houses or apartments, and a median cost of homes of $355,150, West Haven real estate values are some of the lowest in Connecticut, although compared to real estate around the nation, West Haven homes are still considered rather expensive.
Single-family detached homes are the single most common housing type in West Haven, accounting for 47.21% of the city's housing units. Other types of housing that are prevalent in West Haven include large apartment complexes or high rise apartments ( 27.10%), duplexes, homes converted to apartments or other small apartment buildings ( 21.94%), and a few row houses and other attached homes ( 3.17%).
People in West Haven primarily live in small (one, two or no bedroom) single-family detached homes. West Haven has a mixture of owner-occupied and renter-occupied housing.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. West Haven's housing was primarily built during this period, from the '40s through the '60s. A full 38.39% of the city's housing hails from this era. Other housing ages represented in West Haven include homes built between 1970-1999 ( 31.98%) and housing constructed before 1939 ( 23.61%). There's also some housing in West Haven built between 2000 and later ( 6.02%).
Appreciation rates for homes in West Haven have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 103.38%, which ranks in the top 40% nationwide. This equates to an annual average West Haven house appreciation rate of 7.36%.
Over the last year, West Haven appreciation rates have trailed the rest of the nation. In the last twelve months, West Haven's appreciation rate has been 2.95%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in West Haven were at 2.05%, which equates to an annual appreciation rate of 8.46%.
Relative to Connecticut, our data show that West Haven's latest annual appreciation rate is lower than 90% of the other cities and towns in Connecticut.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within West Haven differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in West Haven - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best West Haven real estate investment or home purchase decisions.
$355,150
for Connecticut
for nation
20,730
$2,527 / per month