Is Allingtown, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Allingtown was a Seller's Market.
Key Takeaway
Allingtown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Allingtown, CT
How much do homes in Allingtown, CT cost?
Median Sold Price
$297,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Allingtown have sold for 10% more than they did a year ago.
Summary: The median home sold price in Allingtown was $297,000 in April 2024, up 10% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $267.5K | $379K | +41.7% |
| 2 Bedrooms | $200K | $209K | +4.5% |
| 3 Bedrooms | $280K | $292.5K | +4.5% |
| 4 Bedrooms | $285K | $355K | +24.6% |
| 5+ Bedrooms | $389K | $457.5K | +17.6% |
Summary: Allingtown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 41.7%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 24.6%, and 5+ bedroom homes increased by 17.6%.
Median Sold Price Compared To Nearby Neighborhoods
| West Shore | $315K | $353K | +12.1% |
| Westville | $410K | $457.5K | +11.6% |
| Allingtown | $270K | $297K | +10.0% |
| West Haven Center | $275K | $299.5K | +8.9% |
Housing Supply in Allingtown, CT
How many homes are available in Allingtown, CT?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Summary: The Allingtown real estate market had 15 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Allingtown housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Allingtown, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Allingtown in April 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Allingtown, CT
We’re sorry, we don't have information for this market at the moment
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