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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Killingworth is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Killingworth, CT

How much do homes in Killingworth, CT cost?

Median Sold Price

$517,500

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$65,000(+14.4%)

Key Takeaway

Homes in Killingworth have sold for 14.4% more than they did a year ago.

Summary: The median home sold price in Killingworth was $517,500 in March 2024, up 14.4% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $159.5K$165.2K
+3.6%
3 $432.5K$517.5K
+19.7%
4 $617.5K$675K
+9.3%
5+ $675K-
N/A

Summary: Killingworth housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 19.7%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Higganum
+17.5%
Killingworth
+14.4%
Clinton
+10.1%
Durham
+8.7%
Madison
+1.3%

Housing Supply in Killingworth, CT

How many homes are available in Killingworth, CT?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1012+20.0%

Summary: The Killingworth real estate market had 12 homes for sale in March 2024, a 20.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 33
0.0%
4 23
+50.0%
5+ 11
0.0%

Summary: The Killingworth 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 increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Killingworth, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Killingworth in March 2024, up by 150.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.

Days on Market for Killingworth, 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 Killingworth, CT

Nearby Markets to Killingworth, CT

What housing markets are near Killingworth, CT?