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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Naugatuck is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Naugatuck, CT

How much do homes in Naugatuck, CT cost?

Median Sold Price

$310,000

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$20,000(+6.9%)

Key Takeaway

Homes in Naugatuck have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in Naugatuck was $310,000 in September 2024, up 6.9% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $147.5K$89.9K
-39.1%
2 $177.5K$194.5K
+9.6%
3 $295K$310K
+5.1%
4 $308.7K$369.5K
+19.7%
5+ $340K$365K
+7.4%

Summary: Naugatuck housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 39.1%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 19.7%, and 5+ bedroom homes increased by 7.4%.

Median Sold Price Compared To Nearby Cities

Middlebury
+27.2%
Waterbury
+14.1%
Beacon Falls
+10.0%
Prospect
+8.6%
Naugatuck
+6.9%

Housing Supply in Naugatuck, CT

How many homes are available in Naugatuck, CT?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
130126-3.1%

Summary: The Naugatuck real estate market had 126 homes for sale in September 2024, a 3.1% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 33
0.0%
2 3225
-21.9%
3 6964
-7.2%
4 1617
+6.3%
5+ 1017
+70.0%

Summary: The Naugatuck housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 21.9%, 3 bedroom homes decreased by 7.2%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 70%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
4127-34.1%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Naugatuck, you could pay more than the asking price. 63% of homes here sold above asking price last month.

Summary: A total of 27 homes were sold or pending in Naugatuck in September 2024, down by 34.1% month-over-month. Of the 27 sold homes, 22% were sold under asking, 15% were sold at asking, and 63% were sold over asking.

Days on Market for Naugatuck, 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 30 Days Ago

Newest Listings in Naugatuck, CT

Nearby Markets to Naugatuck, CT

What housing markets are near Naugatuck, CT?