Rent to own Homes in Wethersfield, CT
Located just a 20 minute drive south of Hartford, Connecticut's capital city, Wethersfield is a commuter's dream. Known for having some of the most historic and oldest homes in the state, Wethersfield makes it a priority to preserve its heritage. Also known for having a laid-back vibe, Wethersfield is home to the friendliest residents in the state, according to Connecticut Magazine.
Wethersfield, CT is a great place for affordable rent-to-own homes! With a median household income of over $90,881 and a median rent of $1,093, the Wethersfield, CT rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Wethersfield, CT. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More Wethersfield, CT Property Resources
Rent to own Homes in Cities Near Wethersfield, CT
- Agawam Town
- Andover
- Blue Hills
- Canton
- Cheshire
- Cheshire Village
- Collinsville
- Coventry
- Cromwell
- Durham
- East Berlin
- East Hartland
- East Longmeadow
- Enfield
- Farmington
- Glastonbury
- Hamden
- Hazardville
- Lake Pocotopaug
- Manchester
- Marlborough
- Meriden
- Middletown
- Moodus
- New Hartford
- New Hartford Center
- North Haven
- Northwest Harwinton
- Portland
- Prospect
- Rockfall
- Rocky Hill
- Salmon Brook
- Sherwood Manor
- Simsbury Center
- Somers
- Southwick
- South Windsor
- Springfield
- Suffield Depot
- Tariffville
- Terramuggus
- Terryville
- Vernon Rockville
- Wallingford Center
- West Granby
- West Hartford
- West Hartland
- West Simsbury
- West Springfield
Buying a Home in Wethersfield, CT
Wethersfield, CT is seeing rapid growth and Wethersfield, CT's' housing market remains not optimal with an average home price that is 18% above the 2024 national average. Wethersfield, CT is part of Hartford county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Hartford is 1.74% which is above the national average, which is 0.99%.
Median Home Price in Wethersfield, CT
Median Rent in Wethersfield, CT
Top 6 Reasons to Live in Wethersfield, CT
Highly ranked! In 2013, Connecticut Magazine named Wethersfield the fourth best medium-sized city in the state. Wethersfield ranked first for all cities in its category for civic engagement and education while finishing fourth for the economy and second in crime. Learn about the town with a visit to the Wethersfield Museum or the Webb Deane Stevens Museum.
Quintessential New England charm! With homes dating back to the 1700s and an emphasis on community, living in Wethersfield is small-town living at its finest. During October, bundle up and take to the streets of Old Wethersfield to stroll through the front yards decorated for the annual scarecrow contest. Finish the walk by getting warm with a piping cup of homemade hot chocolate from Patty Cakes Bakery.
Proximity to Boston and New York City! Located in the heart of Hartford County, urban metropolises like New York City and Boston are only a short two-hour train ride or drive away. During the winter months, bundle up for a day trip walking the streets of Fifth Avenue to see the holiday decorations before heading to Rockefeller Center to see the iconic Christmas tree.
Named Connecticut's "Most Auncient Towne!" For those not in the know, Wethersfield has been given the nickname of "Auncient" because it is the oldest town in the state at more than 320 years old. From iconic farmhouses on Broad Street to stately colonials on Main Street, Wethersfield is home to some of the state's oldest and most well-preserved properties.
Buyer's market! Wethersfield is a buyer's market, as the number of homes on the market is rising and the average list price is falling. Consequently, beautiful rent to own homes are available in a number of neighborhoods throughout the town like Griswoldville and Wells Road.
Rising home values! The median home value of a property in Wethersfield is $272,584. Already a high number in comparison to Hartford County at $248,582, real estate experts predict that Wethersfield's property values should rise 5% in the next 3 to 5 years. Look to snag a great deal in an area like the Town Center or the Silas Deane Highway.