Is Higganum, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Higganum was a Buyer's Market.
Housing Prices in Higganum, CT
How much do homes in Higganum, CT cost?
Median Sold Price
$464,000
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Higganum was $464,000 in April 2024, up 23.7% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $221K | - | N/A |
2 Bedrooms | $242.4K | $205K | -15.4% |
3 Bedrooms | $357.5K | $400K | +11.9% |
4 Bedrooms | $547K | $578.5K | +5.8% |
5+ Bedrooms | $590K | $410K | -30.5% |
Summary: Higganum housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.4%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes decreased by 30.5%.
Median Sold Price Compared To Nearby Cities
Higganum | $375K | $464K | +23.7% |
Killingworth | $440K | $540K | +22.7% |
Haddam | $388.7K | $448K | +15.3% |
Chester | $409.9K | $457.4K | +11.6% |
Durham | $402.5K | $430K | +6.8% |
Housing Supply in Higganum, CT
How many homes are available in Higganum, CT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 9 | +50.0% |
Summary: The Higganum real estate market had 9 homes for sale in April 2024, a 50.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 1 | 3 | +200.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Higganum housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 200%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Higganum in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Higganum, CT
We’re sorry, we don't have information for this market at the moment