Is Jewett City, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Jewett City has remained a Seller's Market.
Key Takeaway
Jewett City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jewett City, CT
How much do homes in Jewett City, CT cost?
Median Sold Price
$300,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Jewett City have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in Jewett City was $300,000 in April 2024, up 11.1% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $93K | $125K | +34.4% |
| 2 Bedrooms | $145.5K | $215.7K | +48.3% |
| 3 Bedrooms | $294K | $330K | +12.2% |
| 4 Bedrooms | $352.5K | $350K | -0.7% |
| 5+ Bedrooms | $260K | $350K | +34.6% |
Summary: Jewett City housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.4%, 2 bedroom homes increased by 48.3%, 3 bedroom homes increased by 12.2%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes increased by 34.6%.
Median Sold Price Compared To Nearby Cities
| Griswold | $259.9K | $300K | +15.4% |
| Jewett City | $270K | $300K | +11.1% |
| Lisbon | $300K | $307.5K | +2.5% |
Housing Supply in Jewett City, CT
How many homes are available in Jewett City, CT?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 36 | 34 | -5.6% |
Summary: The Jewett City real estate market had 34 homes for sale in April 2024, a 5.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 23 | 20 | -13.0% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The Jewett City housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 13%, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 12 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jewett City, you could pay more than the asking price. 58.3% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Jewett City in April 2024, up by 33.3% month-over-month. Of the 12 sold homes, 33% were sold under asking, 8% were sold at asking, and 58% were sold over asking.
Days on Market for Jewett City, CT
We’re sorry, we don't have information for this market at the moment
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