Housing Stock in CT Cities Among Nation's Oldest
/Approximately two-thirds of the housing stock in Hartford, New Britain and Bridgeport dates back more than half a century. Data compiled by Governing magazine shows that 66 percent of the housing stock in Hartford and 64 percent in Bridgeport and New Britain was constructed prior to 1960. In Hartford, 34 percent of the housing dates back beyond 1940; in Bridgeport the percentage is slightly higher, at 35 percent.
Among the state’s largest communities, Danbury (40%) and Stamford (41%) have the smallest percentage of housing stock built prior to 1960. The city with the smallest percentage of pre-1940 housing stock is Stamford, at 16 percent.
The median age of an owner-occupied home rose to 37 years in 2015, up from 31 years a decade ago, according to the latest data from the 2015 American Community Survey, as reported by Realtor Mag. As of 2015, more than half of the housing stock in the U.S. was built prior to 1980. Thirty-eight percent of the homes were built prior to 1970. Meanwhile, homes constructed after 2000 comprise 19 percent of the housing stock.
The District of Columbia has the oldest homes with a median age of 75 years. New York and Massachusetts also have some of the oldest housing stock at 57 and 53 years, respectively. Connecticut, overall, is not among the oldest, but places in the second tier among the states for the highest percentage of older homes, along with about a third of the states. Among the state’s communities, however, the age of the housing stock differs.
Across the country, the West offers some of the newest homes. The median age of homes in Nevada is 20 years and in Arizona half of all occupied homes were built in the last 24 years.
The age of the housing stock nationwide varies greatly by region, the Governing analysis also points out, with some areas having a particularly large number of older homes. More the two-thirds of housing units are at least 75 years old in Somerville, Mass., Buffalo, N.Y., and a few other cities with the oldest homes. In other regions, such as newer communities in the South, nearly all homes were constructed in the past few decades.
According to Census estimates, 13.5 percent of the nation's total housing units were built prior to 1940, while about 19 percent were built before 1950, Governing noted. The analysis included age estimates for all cities with more than 25,000 housing units.