How much do homeowners pay a month in Old Saybrook Center, CT?
Homeowners with a mortgage in Old Saybrook Center, CT pay a median of $2,386 (±$1,000) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $882 (±$198).
33.7% of owned homes carry a mortgage.
In Old Saybrook Center, the median monthly cost with a mortgage went from $1,745 in 2015–2019 to $2,386 in 2020–2024 (+36.7%).
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 .
- With a mortgage
- $2,386 (±$1,000)
- Without a mortgage
- $882 (±$198)
- Owned with a mortgage
- 33.7%
Monthly owner costs in Old Saybrook Center
| Old Saybrook Center | Lower Connecticut River Valley Planning Region | Connecticut | United States | |
|---|---|---|---|---|
| With a mortgage | $2,386 (±$1,000) | $2,411 (±$43) | $2,429 (±$11) | $1,963 |
| Without a mortgage | $882 (±$198) | $1,020 (±$30) | $1,071 (±$7) | $638 |
| Owned homes with a mortgage | 33.7% (±12.8 points) | 61.7% (±1.7 points) | 64.6% (±0.4 points) | 60.6% |
| Median real estate taxes (a year) | $5,405 (±$854) | $6,357 (±$104) | $6,643 (±$25) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In Old Saybrook Center, the median cost with a mortgage is not measurably different from Lower Connecticut River Valley Planning Region ($2,411).
It is not measurably different from Connecticut ($2,429).
It is not measurably different from the national figure ($1,963).
In Lower Connecticut River Valley Planning Region, Old Saybrook Center ranks 5 of 13 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 69 of 131.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Old Saybrook Center have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,745 (±$426) | $2,386 (±$1,000) | +36.7% | No measurable change after inflation |
| Median real estate taxes | $4,684 (±$810) | $5,405 (±$854) | +15.4% | No measurable change after inflation |
| Median home value | $398,200 (±$80,044) | $466,100 (±$70,351) | +17.1% | No measurable change 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 monthly cost with a mortgage in places near Old Saybrook Center
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Old Saybrook Center | — | $2,386 (±$1,000) | — |
| Saybrook Manor | 2.5 mi | $2,495 (±$317) | Not measurably different |
| Old Lyme | 3.2 mi | $2,742 (±$287) | Not measurably different |
| Westbrook Center | 4.4 mi | $2,227 (±$1,034) | Not measurably different |
| Essex Village | 5.2 mi | $3,200 (±$572) | Not measurably different |
| Essex | 5.2 mi | $2,544 (±$186) | Not measurably different |
| Westbrook | 6.3 mi | $2,473 (±$257) | Not measurably different |
| Deep River Center | 7.7 mi | $1,954 (±$323) | Not measurably different |
| Lyme | 7.9 mi | $3,062 (±$326) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Lower Connecticut River Valley Planning Region, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Essex Village | $3,200 (±$572) |
| 2 | Durham (community) | $2,797 (±$211) |
| 3 | Saybrook Manor | $2,495 (±$317) |
| 4 | Chester Center | $2,392 (±$143) |
| 5 | Old Saybrook Center | $2,386 (±$1,000) |
| 6 | Lake Pocotopaug | $2,357 (±$149) |
| 7 (tie) | Clinton (community) | $2,286 (±$195) |
| 7 (tie) | Portland (community) | $2,286 (±$247) |
| 9 | Westbrook Center | $2,227 (±$1,034) |
| 10 | Moodus | $2,180 (±$439) |
| 11 | East Hampton (community) | $2,093 (±$161) |
Showing 11 of 13 places in Lower Connecticut River Valley Planning Region, ranked from highest to lowest.
Old Saybrook Center is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Old Saybrook, 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 Old Saybrook Center
What is the average mortgage payment in Old Saybrook Center?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Old Saybrook Center, CT is $2,386 (±$1,000) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Old Saybrook Center?
Owners without a mortgage in Old Saybrook Center pay a median of $882 (±$198) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Old Saybrook Center gone up?
In Old Saybrook Center, the median monthly cost with a mortgage went from $1,745 in 2015–2019 to $2,386 in 2020–2024 (+36.7%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Old Saybrook Center CDP, Connecticut
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Old Saybrook Center CDP, Connecticut
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Old Saybrook Center CDP, Connecticut
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Old Saybrook Center CDP, Connecticut
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Old Saybrook Center 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) and detailed tables (acs/acs5) for Old Saybrook Center CDP, Connecticut (place:57390, in state:09).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
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
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- Median rent in Old Saybrook Center
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- Income and affordability in Old Saybrook Center
- Home values in Old Saybrook Center
- Property taxes in Old Saybrook Center
- Types of homes in Old Saybrook Center
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- Population growth in Old Saybrook Center
- How long people stay in Old Saybrook Center
- Connecticut landlord and tenant rules
- Housing across Lower Connecticut River Valley Planning Region
- Housing data for every place in Connecticut