Is Bantam, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bantam is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Bantam was a Neutral Market.

Key Takeaway

Bantam is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Bantam, CT

How much do homes in Bantam, CT cost?

Median Sold Price

$180,000

$61/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$315,000(-63.6%)

Key Takeaway

Homes in Bantam have sold for 63.6% less than they did a month ago.

Summary: The median home sold price in Bantam was $180,000 in November 2024, down 63.6% from last month, and the median price per square foot was $61.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $495K$180K
-63.6%
4 --
N/A
5+ --
N/A

Summary: Bantam housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 63.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Bantam, CT

How many homes are available in Bantam, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
78+14.3%

Summary: The Bantam real estate market had 8 homes for sale in November 2024, a 14.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 44
0.0%
4 33
0.0%
5+ 01
+100.0%

Summary: The Bantam housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bantam, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Bantam in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Bantam, CT

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 10 Days Ago

Newest Listings in Bantam, CT

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