Is Black Rock, 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, Black Rock was a Buyer's Market.
Key Takeaway
Black Rock is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Black Rock, CT
How much do homes in Black Rock, CT cost?
Median Sold Price
$337,500
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Black Rock have sold for 9.6% more than they did a year ago.
Summary: The median home sold price in Black Rock was $337,500 in April 2024, up 9.6% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $157K | $158.5K | +1.0% |
| 2 Bedrooms | $264.9K | $285K | +7.6% |
| 3 Bedrooms | $415K | $400K | -3.6% |
| 4 Bedrooms | $512.4K | $435K | -15.1% |
| 5+ Bedrooms | $505K | $507.5K | 0.5% |
Summary: Black Rock housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1%, 2 bedroom homes increased by 7.6%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 15.1%, and 5+ bedroom homes increased by 0.5%.
Median Sold Price Compared To Nearby Neighborhoods
| West End / West Side | $340K | $395K | +16.2% |
| West Bridgeport | $317K | $363.5K | +14.7% |
| Black Rock | $308K | $337.5K | +9.6% |
Housing Supply in Black Rock, CT
How many homes are available in Black Rock, CT?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 26 | 19 | -26.9% |
Summary: The Black Rock real estate market had 19 homes for sale in April 2024, a 26.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 2 | -60.0% |
| 2 Bedrooms | 2 | 6 | +200.0% |
| 3 Bedrooms | 9 | 7 | -22.2% |
| 4 Bedrooms | 5 | 1 | -80.0% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Black Rock housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 60%, 2 bedroom homes increased by 200%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 80%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
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 Black Rock, 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 Black Rock in April 2024, down by 42.9% 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 Black Rock, CT
We’re sorry, we don't have information for this market at the moment
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