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Adorable-Hedgehog-31 t1_j5rvbdt wrote

To be fair, you can’t find a house under 300k anywhere in the country except for like rural Oklahoma or the ghetto. Under 300k is really cheap. CT home prices are still relatively low too.

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IndicationOver t1_j5sm5bn wrote

Why the downvotes under 300k is cheap for CT.

Avg cost for a house in CT is like 326K If I am not mistaken.

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johnsonutah t1_j5tbop3 wrote

Does that $326k average include Fairfield County though?

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Adorable-Hedgehog-31 t1_j5ti63r wrote

Is Fairfield County not in Connecticut?

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johnsonutah t1_j5u038t wrote

OP of this post is not looking in Fairfield County - and it makes sense to segment the state up anyways when talking about housing given that Fairfield County skews the state’s overall data

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Mofiremofire t1_j5tf89p wrote

I bought a 5 bedroom 3 bathroom house on 2 acres with 300k in CT… in spring 2020 right before lockdown began.

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CatsNSquirrels t1_j5tkaog wrote

That house is not worth what you paid for it pre-pandemic. This is 2023 and the market changed dramatically.

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Mofiremofire t1_j5tok4a wrote

When we refinanced to 2% in December 2021 it appraised at $525k, it would probably sell for close to $600k now.

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