Is Bethel, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Bethel has remained a Seller's 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
$485,000
$243/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Bethel have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Bethel was $485,000 in March 2024, up 3.4% from last year, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $197.5K | $245K | +24.1% |
| 2 Bedrooms | $325K | $383.5K | +18.0% |
| 3 Bedrooms | $470K | $470K | 0.0% |
| 4 Bedrooms | $575K | $574.5K | -0.1% |
| 5+ Bedrooms | $497.5K | $750K | +50.7% |
Summary: Bethel housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.1%, 2 bedroom homes increased by 18%, 3 bedroom homes did not change, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes increased by 50.7%.
Median Sold Price Compared To Nearby Cities
| Bethel | $469K | $485K | +3.4% |
| Brookfield | $500K | $515.5K | +3.1% |
| Danbury | $420K | $423.3K | +0.8% |
| Redding | $799.9K | $789.6K | -1.3% |
Housing Supply in Bethel, CT
How many homes are available in Bethel, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 47 | 53 | +12.8% |
Summary: The Bethel real estate market had 53 homes for sale in March 2024, a 12.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 10 | +11.1% |
| 3 Bedrooms | 25 | 26 | +4.0% |
| 4 Bedrooms | 10 | 14 | +40.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Bethel housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bethel, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Bethel in March 2024, up by 10.0% month-over-month. Of the 11 sold homes, 27% were sold under asking, 18% were sold at asking, and 55% 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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