Is Plainville, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Plainville has remained a Seller's Market.
Housing Prices in Plainville, CT
How much do homes in Plainville, CT cost?
Median Sold Price
$279,000
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Plainville was $279,000 in May 2024, up 10.7% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $114K | $135K | +18.4% |
2 Bedrooms | $190.8K | $245K | +28.4% |
3 Bedrooms | $270K | $311.5K | +15.4% |
4 Bedrooms | $306K | $353.4K | +15.5% |
5+ Bedrooms | $220K | $370.2K | +68.3% |
Summary: Plainville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.4%, 2 bedroom homes increased by 28.4%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 15.5%, and 5+ bedroom homes increased by 68.3%.
Median Sold Price Compared To Nearby Cities
New Britain | $241.5K | $275K | +13.9% |
Plainville | $252K | $279K | +10.7% |
Bristol | $260K | $285K | +9.6% |
Farmington | $370K | $402.5K | +8.8% |
Southington | $335K | $363.9K | +8.6% |
Housing Supply in Plainville, CT
How many homes are available in Plainville, CT?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
35 | 54 | +54.3% |
Summary: The Plainville real estate market had 54 homes for sale in May 2024, a 54.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 10 | 13 | +30.0% |
3 Bedrooms | 16 | 27 | +68.8% |
4 Bedrooms | 6 | 11 | +83.3% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Plainville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 68.8%, 4 bedroom homes increased by 83.3%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 14 | +40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Plainville in May 2024, up by 40.0% month-over-month. Of the 14 sold homes, 7% were sold under asking, 7% were sold at asking, and 86% were sold over asking.
Days on Market for Plainville, CT
We’re sorry, we don't have information for this market at the moment