Is East Hartford, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Hartford is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in East Hartford, CT

How much do homes in East Hartford, CT cost?

Median Sold Price

$285,000

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$35,000(+14.0%)

Key Takeaway

Homes in East Hartford have sold for 14% more than they did a year ago.

Summary: The median home sold price in East Hartford was $285,000 in November 2024, up 14% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $158.5K$106K
-33.1%
2 $170K$205K
+20.6%
3 $262.5K$295K
+12.4%
4 $280K$302.5K
+8.0%
5+ $317K$370K
+16.7%

Summary: East Hartford housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.1%, 2 bedroom homes increased by 20.6%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 16.7%.

Median Sold Price Compared To Nearby Cities

Hartford
+18.0%
East Hartford
+14.0%
Glastonbury
+14.0%
Manchester
+10.7%
South Windsor
+9.7%

Housing Supply in East Hartford, CT

How many homes are available in East Hartford, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
166146-12.0%

Summary: The East Hartford real estate market had 146 homes for sale in November 2024, a 12.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 3439
+14.7%
3 8263
-23.2%
4 3124
-22.6%
5+ 1617
+6.3%

Summary: The East Hartford housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.7%, 3 bedroom homes decreased by 23.2%, 4 bedroom homes decreased by 22.6%, and 5+ bedroom homes increased by 6.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5146-9.8%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

33 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Hartford, you could pay more than the asking price. 71.7% of homes here sold above asking price last month.

Summary: A total of 46 homes were sold or pending in East Hartford in November 2024, down by 9.8% month-over-month. Of the 46 sold homes, 24% were sold under asking, 4% were sold at asking, and 72% were sold over asking.

Days on Market for East Hartford, 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 3 Days Ago

Newest Listings in East Hartford, CT

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