Is Mansfield, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Mansfield has remained a Seller's Market.
Housing Prices in Mansfield, CT
How much do homes in Mansfield, CT cost?
Median Sold Price
$330,000
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Mansfield was $330,000 in March 2024, up 10% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $142K | $175K | +23.2% |
2 Bedrooms | $170K | $185K | +8.8% |
3 Bedrooms | $309.9K | $340K | +9.7% |
4 Bedrooms | $378K | $420K | +11.1% |
5+ Bedrooms | $400K | $489.5K | +22.4% |
Summary: Mansfield housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.2%, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 22.4%.
Median Sold Price Compared To Nearby Cities
Windham | $213.5K | $243K | +13.8% |
Coventry | $298K | $337.5K | +13.3% |
Mansfield | $300K | $330K | +10.0% |
Mansfield Center | $294.9K | $299K | +1.4% |
Housing Supply in Mansfield, CT
How many homes are available in Mansfield, CT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
30 | 27 | -10.0% |
Summary: The Mansfield real estate market had 27 homes for sale in March 2024, a 10.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 9 | 7 | -22.2% |
3 Bedrooms | 4 | 4 | 0.0% |
4 Bedrooms | 11 | 10 | -9.1% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Mansfield 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 decreased by 22.2%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 8 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Mansfield in March 2024, the same as the previous month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.
Days on Market for Mansfield, CT
We’re sorry, we don't have information for this market at the moment