15 CT Cities The place The Actual Property Market Is On Hearth

Rainbow-colored crosswalk on Middletown’s Fundamental Road.

Chloe Poisson / Chloe Poisson

With a median sale value of simply over $290,000 in 2021 in central Connecticut’s center market, Middletown noticed gross sales improve 11 p.c final 12 months regardless of a slight decline in listings.

Raytheon Applied sciences runs one in every of Connecticut’s bigger vegetation in Middletown, a Pratt & Whitney facility that manufactures and refurbishes jet engines. And with its central location between Hartford and New Haven, Middletown is ready to appeal to residents who commute in each instructions.

However the metropolis has loads of treasures for evenings and weekends, together with a most important road that the Nationwide Belief for Historic Preservation named 5 boulevards nationwide a decade in the past on its inaugural record of “most romantics.” And Wadsworth Mansion—whose beautiful grounds have been not too long ago featured on the Antiques Roadshow—has public occasions all year long, together with a July live performance sequence and an open-air market and pageant in August.

Elsewhere on the recreation entrance, Middletown has a broad entrance alongside the Connecticut River and shares Wadsworth Falls State Park with neighboring Middlefield. In close by Portland, Brownstone Exploration and Discovery Park presents ziplines and water diversions. And Wesleyan College hosts a variety of talks and cultural occasions all year long.

“Only a nice, pedestrianized metropolis the place you possibly can park your automotive at one finish and restaurant hop, bar hop, stroll to the movie show,” says Newman of Keller Williams Realty. “Middletown’s bought a extremely various set of properties—you may get one thing downtown for simply over $100,000 that requires numerous work, or you may get one thing within the hundreds of thousands.”

Inhabitants: 47,717 (↑ 0.1% from 2010) • median family revenue: $65,572

2021 Single-Household House Gross sales: Common Promoting Worth: $280,000 • Variety of Gross sales: 502 (11%) from 2020 • Common Days at Market: 9

2021 Rental Gross sales: Common Promoting Worth: $144,000 • Variety of gross sales: 216 (34% from ↑ 2020) • Common days to market: 8

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