$6,472 Closing Credit*
$545,000
2,373 SqFt
4 Beds
•3 Full Baths
Barbara Sivba, Listing Office: Coldwell Banker Realty
Is Middlebury, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Middlebury has remained a Seller's Market.
Key Takeaway
Middlebury is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Middlebury, CT
How much do homes in Middlebury, CT cost?
Median Sold Price
$527,500
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$80,500(+18.0%)
Key Takeaway
Homes in Middlebury have sold for 18% more than they did a year ago.
Summary: The median home sold price in Middlebury was $527,500 in August 2024, up 18% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $285K | $489K | +71.6% |
| 3 Bedrooms | $424.5K | $488.7K | +15.1% |
| 4 Bedrooms | $578.7K | $707.5K | +22.3% |
| 5+ Bedrooms | $515K | $675K | +31.1% |
Summary: Middlebury housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 71.6%, 3 bedroom homes increased by 15.1%, 4 bedroom homes increased by 22.3%, and 5+ bedroom homes increased by 31.1%.
Housing Supply in Middlebury, CT
How many homes are available in Middlebury, CT?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 46 | 56 | +21.7% |
Summary: The Middlebury real estate market had 56 homes for sale in August 2024, a 21.7% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 10 | +11.1% |
| 3 Bedrooms | 18 | 22 | +22.2% |
| 4 Bedrooms | 17 | 21 | +23.5% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Middlebury housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 2 | 10 | +400.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Middlebury, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Middlebury in August 2024, up by 400.0% month-over-month. Of the 10 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Middlebury, CT
We’re sorry, we don't have information for this market at the moment
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