What is the median home value in New Preston, CT?

The median value of owner-occupied homes in New Preston, CT is $452,600 (±$43,297), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In New Preston, the median home value went from $377,700 in 2015–2019 to $452,600 in 2020–2024 (+19.8%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$452,600 (±$43,297)
Owner-occupied homes
361 (±97)
Most common range
$300,000 to $499,999

Home values in New Preston

Owner-occupied homes by value, 2020–2024
ValueNew PrestonNorthwest Hills Planning RegionConnecticutUnited States
Less than $50,0000.0% (±11.1 points)2.2%2.4%5.3%
$50,000 to $99,9990.0% (±11.1 points)1.6%1.5%6.1%
$100,000 to $149,9990.0% (±11.1 points)6.5%3.3%6.8%
$150,000 to $199,9990.0% (±11.1 points)10.6%6.9%9.0%
$200,000 to $299,9998.9% (±8.5 points)22.2%21.5%17.8%
$300,000 to $499,99956.2% (±16.7 points)31.7%36.8%26.9%
$500,000 to $999,99929.4% (±14.2 points)18.5%20.8%20.9%
$1,000,000 or more5.5% (±5.8 points)6.7%6.8%7.1%

The most common range is $300,000 to $499,999, 56.2% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

New Preston against Northwest Hills Planning Region, its state and the nation

Estimate (90% margin of error)
New PrestonNorthwest Hills Planning RegionConnecticutUnited States
Median home value$452,600 (±$43,297)$335,600 (±$8,278)$366,900 (±$1,621)$332,700
Owner-occupied homes361 (±97)36,503 (±762)952,989 (±5,585)84,210,142

In New Preston, the median home value is higher than in Northwest Hills Planning Region ($335,600).

It is also higher than in Connecticut ($366,900).

It is higher than the national figure ($332,700).

In Northwest Hills Planning Region, New Preston ranks 1 of 4 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 49 of 131.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in New Preston have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$377,700 (±$41,621)$452,600 (±$43,297)+19.8%No measurable change after inflation
Median owner cost with a mortgage$2,565 (±$228)$2,110 (±$583)−17.7%Down after inflation
Median real estate taxes$4,009 (±$369)$3,528 (±$223)−12.0%Down after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near New Preston

Nearest places with a published estimate, compared with New Preston
PlaceDistanceMedian home valueCompared with this place
New Preston—$452,600 (±$43,297)—
Warren3.1 mi$450,000 (±$38,320)Not measurably different
Morris6.4 mi$396,000 (±$60,303)Not measurably different
Kent6.7 mi$470,900 (±$78,101)Not measurably different
Bethlehem7.4 mi$410,900 (±$35,515)Not measurably different
Bethlehem Village7.5 mi$380,500 (±$59,393)Not measurably different
New Milford7.7 mi$391,500 (±$9,956)Lower
Litchfield8.1 mi$391,900 (±$25,654)Lower
New Milford (community)8.5 mi$331,900 (±$19,453)Lower

Nearby places with a measurably lower figure: New Milford, CT ($391,500), Litchfield, CT ($391,900), New Milford (community), CT ($331,900).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Northwest Hills Planning Region, place by place

RankPlaceMedian home value
1New Preston$452,600 (±$43,297)
2Northwest Harwinton$330,500 (±$20,431)
3Winsted$218,900 (±$13,785)
4New Hartford Center$190,300 (±$33,110)

New Preston is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside Washington, whose figures include it.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about New Preston

What is the average home value in New Preston, CT?

The Census Bureau publishes the median: $452,600 (±$43,297) for owner-occupied homes in New Preston (2020–2024 American Community Survey).

Have home values in New Preston gone up?

In New Preston, the median home value went from $377,700 in 2015–2019 to $452,600 in 2020–2024 (+19.8%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in New Preston sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for New Preston CDP, Connecticut (place:52770, in state:09).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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