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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Haddam is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Haddam, CT

How much do homes in Haddam, CT cost?

Median Sold Price

$446,500

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$56,500(+14.5%)

Key Takeaway

Homes in Haddam have sold for 14.5% more than they did a year ago.

Summary: The median home sold price in Haddam was $446,500 in March 2024, up 14.5% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $183K$267.5K
+46.2%
2 $242.4K$205K
-15.4%
3 $375K$425K
+13.3%
4 $532.5K$517.5K
-2.8%
5+ $590K$515K
-12.7%

Summary: Haddam housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 46.2%, 2 bedroom homes decreased by 15.4%, 3 bedroom homes increased by 13.3%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes decreased by 12.7%.

Median Sold Price Compared To Nearby Cities

Higganum
+17.5%
Haddam
+14.5%
East Haddam
+4.2%
Chester
+1.9%
Moodus
-7.4%

Housing Supply in Haddam, CT

How many homes are available in Haddam, CT?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1112+9.1%

Summary: The Haddam real estate market had 12 homes for sale in March 2024, a 9.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 11
0.0%
3 22
0.0%
4 44
0.0%
5+ 34
+33.3%

Summary: The Haddam housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were 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 Haddam, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Haddam in March 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Haddam, 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 18 Days Ago

Newest Listings in Haddam, CT

Nearby Markets to Haddam, CT

What housing markets are near Haddam, CT?