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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Darien is a seller's market

Buyer's
Market

Difference Since August 2023

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

Key Takeaway

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

Housing Prices in Darien, CT

How much do homes in Darien, CT cost?

Median Sold Price

$1,905,000

$607/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$118,333(+6.6%)

Key Takeaway

Homes in Darien have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in Darien was $1,905,000 in August 2024, up 6.6% from last year, and the median price per square foot was $607.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $640K$680K
+6.3%
2 $882K$820K
-7.0%
3 $1.1M$1.3M
+22.0%
4 $1.6M$1.8M
+7.5%
5+ $2.7M$3.3M
+22.0%

Summary: Darien housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.3%, 2 bedroom homes decreased by 7%, 3 bedroom homes increased by 22%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 22%.

Median Sold Price Compared To Nearby Cities

New Canaan
+19.6%
Stamford
+11.2%
Norwalk
+11.0%
Darien
+6.6%

Housing Supply in Darien, CT

How many homes are available in Darien, CT?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
9468-27.7%

Summary: The Darien real estate market had 68 homes for sale in August 2024, a 27.7% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 23
+50.0%
2 11
0.0%
3 1312
-7.7%
4 3018
-40.0%
5+ 4834
-29.2%

Summary: The Darien housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 29.2%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
3028-6.7%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Darien, you could pay more than the asking price. 53.6% of homes here sold above asking price last month.

Summary: A total of 28 homes were sold or pending in Darien in August 2024, down by 6.7% month-over-month. Of the 28 sold homes, 36% were sold under asking, 11% were sold at asking, and 54% were sold over asking.

Days on Market for Darien, 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 19 Days Ago

Newest Listings in Darien, CT

Nearby Markets to Darien, CT

What housing markets are near Darien, CT?