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
| Value | New Preston | Northwest Hills Planning Region | Connecticut | United States |
|---|---|---|---|---|
| Less than $50,000 | 0.0% (±11.1 points) | 2.2% | 2.4% | 5.3% |
| $50,000 to $99,999 | 0.0% (±11.1 points) | 1.6% | 1.5% | 6.1% |
| $100,000 to $149,999 | 0.0% (±11.1 points) | 6.5% | 3.3% | 6.8% |
| $150,000 to $199,999 | 0.0% (±11.1 points) | 10.6% | 6.9% | 9.0% |
| $200,000 to $299,999 | 8.9% (±8.5 points) | 22.2% | 21.5% | 17.8% |
| $300,000 to $499,999 | 56.2% (±16.7 points) | 31.7% | 36.8% | 26.9% |
| $500,000 to $999,999 | 29.4% (±14.2 points) | 18.5% | 20.8% | 20.9% |
| $1,000,000 or more | 5.5% (±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
| New Preston | Northwest Hills Planning Region | Connecticut | United States | |
|---|---|---|---|---|
| Median home value | $452,600 (±$43,297) | $335,600 (±$8,278) | $366,900 (±$1,621) | $332,700 |
| Owner-occupied homes | 361 (±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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| 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
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| New Preston | — | $452,600 (±$43,297) | — |
| Warren | 3.1 mi | $450,000 (±$38,320) | Not measurably different |
| Morris | 6.4 mi | $396,000 (±$60,303) | Not measurably different |
| Kent | 6.7 mi | $470,900 (±$78,101) | Not measurably different |
| Bethlehem | 7.4 mi | $410,900 (±$35,515) | Not measurably different |
| Bethlehem Village | 7.5 mi | $380,500 (±$59,393) | Not measurably different |
| New Milford | 7.7 mi | $391,500 (±$9,956) | Lower |
| Litchfield | 8.1 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
| Rank | Place | Median home value |
|---|---|---|
| 1 | New Preston | $452,600 (±$43,297) |
| 2 | Northwest Harwinton | $330,500 (±$20,431) |
| 3 | Winsted | $218,900 (±$13,785) |
| 4 | New 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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — New Preston CDP, Connecticut
- Median Value (B25077), 2015–2019 ACS 5-year estimates — New Preston CDP, Connecticut
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — New Preston CDP, Connecticut
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — New Preston CDP, Connecticut
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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.
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 .
Related
- Housing in New Preston at a glance
- Income and affordability in New Preston
- Homeowner costs in New Preston
- Property taxes in New Preston
- Types of homes in New Preston
- Bedrooms in New Preston
- Age of homes in New Preston
- Heating fuel in New Preston
- Commute and cars in New Preston
- Population growth in New Preston
- Connecticut landlord and tenant rules
- Housing across Northwest Hills Planning Region
- Connecticut places ranked by median home value
- Housing data for every place in Connecticut