Home prices
Torrington's median home value is $153,700. It is approximately $85,360 (35%) lower in comparison to its surrounding areas.Compared to the rest of the nation it is approximately $63,800 (29%) lower, and compared to the city of New York is approximately $452,300 (74%) lower.
Rents
Torrington's median rent is $949 a month. This is approximately $13 (1%) higher in comparison to the surrounding areas.It is roughly $113 (10%) lower compared to the nation as a whole, and in comparison to the city of New York is roughly $494 (34%) lower.
Nearby places
Litchfield
Litchfield is about 6 miles southwest from Torrington. Housing prices there are significantly more expensive. Litchfield's median home cost is $350,000, which is $196,300 (56%) higher than Torrington. Rent there is a little more expensive. The median monthly rent in Litchfield is $1,085, which is $136 (12%) higher than Torrington.
Winsted
Winsted is approximately 6 miles northeast from Torrington. The housing prices there are fairly similar. The median home in Winsted is valued at $149,900, which works out to $3,800 (2%) lower than Torrington. Its rents are similar. Winsted's median monthly rent is $960, which works out to $11 (1%) higher than Torrington.
New Hartford Center
New Hartford Center is about 7 miles northeast from Torrington. Real estate prices there are a little more expensive. New Hartford Center's median home value is $208,000, which comes out to $54,300 (26%) higher than Torrington. The rent there is a little less expensive. New Hartford Center's median rent is $877 per month, which comes out to $72 (8%) lower than Torrington.
Bantam
Bantam is approximately 8 miles southwest from Torrington. Housing prices there are a bit more expensive. The median home cost in Bantam is $173,800, which works out to $20,100 (11%) higher than Torrington. Rent there is substantially less expensive. The median rent in Bantam is $625 per month, which is $324 (51%) lower than Torrington.
Collinsville
Collinsville is roughly 9 miles east from Torrington. Housing prices there are substantially more expensive. The median home value in Collinsville is $313,600, which works out to $159,900 (50%) higher than Torrington. Rents there are somewhat more expensive. In Collinsville the median monthly rent is $1,134, which comes out to $185 (16%) higher than Torrington.
