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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hamden is a seller's market

Buyer's
Market

Difference Since September 2021

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

Key Takeaway

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

How much do homes in Hamden, CT cost?

Median Sold Price

$280,000

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$29,229(+11.7%)

Key Takeaway

Homes in Hamden have sold for 11.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $101K$119.9K
+18.7%
2 $183K$200K
+9.3%
3 $260K$295K
+13.5%
4 $301K$335K
+11.3%
5+ $339.9K$400K
+17.7%

Median Sold Price Compared To Nearby Cities

Bethany
+13.2%
Woodbridge
+12.8%
North Haven
+12.3%
Hamden
+11.7%
New Haven
+9.8%

How many homes are available in Hamden, CT?

Number of Homes For Sale

Aug 2022Sep 2022%
348306-12.1%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 1111
0.0%
2 5752
-8.8%
3 167140
-16.2%
4 8072
-10.0%
5+ 3331
-6.1%

Number of Homes Sold

Aug 2022Sep 2022%
10378-24.3%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

51 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hamden, you could pay more than the asking price. 65.4% of homes here sold above asking price last month.

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

About Hamden, CT

Hamden, CT has 306 homes on the market. In September 2022 in Hamden, CT there were 12.1% less homes for sale than in August 2022. Listing prices have changed in this real estate market between August 2022 and September 2022: 1 bedroom properties became 18.7% more expensive, 2 bedrooms properties prices increased by 9.3%, prices of 3 bedrooms properties went up by 13.5%, the cost of 4 bedrooms properties went up by 11.3%, 5 bedrooms properties prices increased by 17.7%. Volume of homes for sale changed: volume of 1 bedroom homes stayed the same, the quantity of 2 bedrooms homes went down by 8.8%, 3 bedrooms homes became 16.2% less available, volume of 4 bedrooms homes went down by 10%, number of 5 bedrooms homes decreased by 6.1%. In September 2022, from all listings sold in Hamden, CT there were more than 51 sold above asking price, over 16 sold below and more than 11 were sold right at the asked price.

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