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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chaplin is a seller's market

Buyer's
Market

Difference Since August 2023

Since last year, Chaplin has remained a Seller's Market.

Key Takeaway

Chaplin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Chaplin, CT

How much do homes in Chaplin, CT cost?

Median Sold Price

$293,750

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$27,750(+10.4%)

Key Takeaway

Homes in Chaplin have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in Chaplin was $293,750 in August 2024, up 10.4% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $51K-
N/A
2 $156.7K$192K
+22.5%
3 $266K$301.5K
+13.3%
4 $336K$360K
+7.1%
5+ -$424.9K
N/A

Summary: Chaplin housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.5%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Hampton
+44.0%
North Windham
+11.4%
Chaplin
+10.4%
Mansfield Center
+3.6%

Housing Supply in Chaplin, CT

How many homes are available in Chaplin, CT?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
67+16.7%

Summary: The Chaplin real estate market had 7 homes for sale in August 2024, a 16.7% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 13
+200.0%
4 11
0.0%
5+ 20
-100.0%

Summary: The Chaplin housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 200%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was 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 Chaplin, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Chaplin in August 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Chaplin, 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 13 Days Ago

Newest Listings in Chaplin, CT

Nearby Markets to Chaplin, CT

What housing markets are near Chaplin, CT?