$7,124 Closing Credit*
$599,900
2,291 SqFt
4 Beds
•2 Full Baths, 2 Partial
Josephine Polletta, Listing Office: Mapleridge Realty
Is Middlefield, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, Middlefield was a Seller's Market.
Key Takeaway
Middlefield is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Middlefield, CT
How much do homes in Middlefield, CT cost?
Median Sold Price
$377,000
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$57,100(+17.8%)
Key Takeaway
Homes in Middlefield have sold for 17.8% more than they did a year ago.
Summary: The median home sold price in Middlefield was $377,000 in August 2024, up 17.8% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145.5K | $190K | +30.6% |
| 2 Bedrooms | $260.1K | $285K | +9.5% |
| 3 Bedrooms | $349K | $360.9K | +3.4% |
| 4 Bedrooms | $562.5K | $601K | +6.8% |
| 5+ Bedrooms | $295K | $395K | +33.9% |
Summary: Middlefield housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.6%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 33.9%.
Median Sold Price Compared To Nearby Cities
| Middlefield | $319.9K | $377K | +17.8% |
| Middletown | $275.6K | $308.4K | +11.9% |
| Wallingford | $325K | $350K | +7.7% |
| Durham | $415K | $437.5K | +5.4% |
Housing Supply in Middlefield, CT
How many homes are available in Middlefield, CT?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 12 | 18 | +50.0% |
Summary: The Middlefield real estate market had 18 homes for sale in August 2024, a 50.0% 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 | 1 | 3 | +200.0% |
| 3 Bedrooms | 5 | 9 | +80.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Middlefield 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 200%, 3 bedroom homes increased by 80%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Middlefield, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Middlefield in August 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Middlefield, CT
We’re sorry, we don't have information for this market at the moment
Copyright © 2024 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.