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

Housing Market Conditions



Gauge showing Danbury is a seller's market


Difference Since November 2022

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

Key Takeaway

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

Housing Prices in Danbury, CT

How much do homes in Danbury, CT cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2022


Key Takeaway

Homes in Danbury have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in Danbury was $422,825 in November 2023, up 3.1% from last year, and the median price per square foot was $235.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $170K$180K
2 $287.5K$320K
3 $450K$455K
4 $525.1K$536.2K
5+ $525K$591.7K

Summary: Danbury housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 5.9%, 2 bedroom homes increased by 11.3%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 12.7%.

Median Sold Price Compared To Nearby Cities

New Fairfield

Housing Supply in Danbury, CT

How many homes are available in Danbury, CT?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE

Summary: The Danbury real estate market had 175 homes for sale in November 2023, a 13.8% decrease compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 1013
2 7661
3 6960
4 3431
5+ 1410

Summary: The Danbury housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 30%, 2 bedroom homes decreased by 19.7%, 3 bedroom homes decreased by 13%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes decreased by 28.6%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

24 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Danbury, you could pay more than the asking price. 64.9% of homes here sold above asking price last month.

Summary: A total of 37 homes were sold or pending in Danbury in November 2023, down by 46.4% month-over-month. Of the 37 sold homes, 22% were sold under asking, 14% were sold at asking, and 65% were sold over asking.

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

Report Updated 8 Days Ago

Newest Listings in Danbury, CT

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