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Real Estate Appraisal in Connecticut

Author.Name IBISWorld United States Last Updated: April 2025 NAICS CT53132

Real Estate Appraisal in Connecticut industry analysis

The Real Estate Appraisal industry in Connecticut is expected to decline an annualized -x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments decreased an annualized -x.x% to xxx locations. Industry employment has decreased an annualized -x.x% to xxx workers, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, the industry is expected to decline an annualized -x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to decline -x.x% to xxx locations. Industry employment is expected to decrease an annualized -x.x% to xxx workers, while industry wages are forecast to decrease -x% to $x.x million.

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About the Real Estate Appraisal in Connecticut Market Research Report

What’s Included in the Real Estate Appraisal in Connecticut Market Research Report

Definition of the Real Estate Appraisal in Connecticut?

Operators in this industry specialize in estimating the fair market value of real estate. Appraisers research a property or development to determine the characteristics pertinent to its market value. Valuations for a property are carried out when it is sold, mortgaged, taxed, insured or developed.

What’s included in the Real Estate Appraisal in Connecticut?

The Real Estate Appraisal in Connecticut includes real estate appraisal - residential, real estate appraisal - commercial, consulting and other services and appraisal management. Related terms covered in the Real Estate Appraisal in Connecticut industry report includes an inspection that includes a visit to each part of the interior of the house used in estimating value, the appraiser's opinion of value as written in an appraisal report. it should reflect what a willing seller would pay a willing buyer in an arm's-length transaction and the estimated value of a property as determined by a real estate broker or qualified individual or firm (not a licensed appraiser).

Industry Performance of the Real Estate Appraisal industry in Connecticut

Benchmark the Real Estate Appraisal in Connecticut industry performance with all CT county and national performance.

Real Estate Appraisal in Connecticut

#39 in Highest Revenue 0.3% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Real Estate Appraisal in the US


Revenue (2024)
Annual Growth (2019-24)
Annual Growth (2024-29)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Real Estate Appraisal industry in Connecticut

See how key industry drivers, such as population, unemployment rate, median houshold income, existing home sales, value of private nonresidential construction and house price index are impacting Real Estate Appraisal in Connecticut

Connecticut Economic Indicators

Population
Unemployment Rate
Median Houshold Income

View more economic information in CT State Economic profile

US Key External Drivers

Existing home sales
Value of private nonresidential construction
House price index

For the full list of industry drivers, see report purchase options.

County Data of the Real Estate Appraisal industry in Connecticut

Access proprietary data on county in the Real Estate Appraisal in Connecticut, such as Hartford County, Fairfield County and Middlesex County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Real Estate Appraisal industry in Connecticut

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Real Estate Appraisal industry in Connecticut in 2025?

The market size of the Real Estate Appraisal industry in Connecticut is $36.5m in 2025.

How many businesses are there in the Real Estate Appraisal industry in Connecticut in 2025?

There are 243 businesses in the Real Estate Appraisal industry in Connecticut, which has been declining at an average annual rate of -1.9% from 2020 to 2025.

Has the Real Estate Appraisal industry in Connecticut grown or declined over the past 5 years?

The market size of the Real Estate Appraisal industry in Connecticut has been declining at an average annual rate of -8.0% from 2020 to 2025.

How many employees in the Real Estate Appraisal industry in Connecticut in 2025?

There are 259 employees in the Real Estate Appraisal industry in Connecticut, which has been declining at an average annual rate of -4.7% from 2020 to 2025.