Is Baltic, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Baltic has remained a Seller's Market.
Key Takeaway
Baltic is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Baltic, CT
How much do homes in Baltic, CT cost?
Median Sold Price
$260,000
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Baltic has remained the same since last year.
Summary: The median home sold price in Baltic was $260,000 in April 2024, up 0.1% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $252.6K | $144K | -43.0% |
| 2 Bedrooms | $177K | $225K | +27.1% |
| 3 Bedrooms | $300K | $278K | -7.3% |
| 4 Bedrooms | $292K | $343.7K | +17.7% |
| 5+ Bedrooms | $245K | $259.2K | +5.8% |
Summary: Baltic housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 43%, 2 bedroom homes increased by 27.1%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes increased by 17.7%, and 5+ bedroom homes increased by 5.8%.
Median Sold Price Compared To Nearby Cities
| Lisbon | $300K | $307.5K | +2.5% |
| Sprague | $258.2K | $260K | +0.7% |
| Baltic | $259.7K | $260K | 0.1% |
Housing Supply in Baltic, CT
How many homes are available in Baltic, CT?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 12 | +9.1% |
Summary: The Baltic real estate market had 12 homes for sale in April 2024, a 9.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Baltic housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Baltic, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Baltic in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Baltic, CT
We’re sorry, we don't have information for this market at the moment
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