$5,343 Closing Credit*
$449,900
1,344 SqFt
2 Beds
•2 Full Baths
Steve Travali, Listing Office: Century 21 AllPoints Realty
Is Bethel, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, Bethel was a Neutral Market.
Key Takeaway
Bethel is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bethel, CT
How much do homes in Bethel, CT cost?
Median Sold Price
$500,000
$257/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$32,500(+7.0%)
Key Takeaway
Homes in Bethel have sold for 7% more than they did a year ago.
Summary: The median home sold price in Bethel was $500,000 in August 2024, up 7% from last year, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | $247.5K | +10.0% |
| 2 Bedrooms | $344.9K | $415K | +20.3% |
| 3 Bedrooms | $465K | $477K | +2.6% |
| 4 Bedrooms | $570K | $604K | +6.0% |
| 5+ Bedrooms | $451K | $696.7K | +54.5% |
Summary: Bethel housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 20.3%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 54.5%.
Median Sold Price Compared To Nearby Cities
| Redding | $790K | $850K | +7.6% |
| Bethel | $467.5K | $500K | +7.0% |
| Brookfield | $500K | $530K | +6.0% |
| Danbury | $420K | $442.4K | +5.3% |
Housing Supply in Bethel, CT
How many homes are available in Bethel, CT?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 83 | 79 | -4.8% |
Summary: The Bethel real estate market had 79 homes for sale in August 2024, a 4.8% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 11 | 12 | +9.1% |
| 3 Bedrooms | 33 | 34 | +3.0% |
| 4 Bedrooms | 27 | 25 | -7.4% |
| 5+ Bedrooms | 10 | 7 | -30.0% |
Summary: The Bethel housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes decreased by 30%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 26 | 21 | -19.2% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bethel, you could pay more than the asking price. 52.4% of homes here sold above asking price last month.
Summary: A total of 21 homes were sold or pending in Bethel in August 2024, down by 19.2% month-over-month. Of the 21 sold homes, 33% were sold under asking, 14% were sold at asking, and 52% were sold over asking.
Days on Market for Bethel, CT
We’re sorry, we don't have information for this market at the moment
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