Is Naugatuck, 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, 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
$302,933
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Naugatuck have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in Naugatuck was $302,933 in March 2024, up 7.6% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $157K | $103K | -34.4% |
| 2 Bedrooms | $152.5K | $191.4K | +25.5% |
| 3 Bedrooms | $290K | $301K | +3.8% |
| 4 Bedrooms | $310K | $341.2K | +10.1% |
| 5+ Bedrooms | $323K | $366K | +13.3% |
Summary: Naugatuck housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 34.4%, 2 bedroom homes increased by 25.5%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 13.3%.
Median Sold Price Compared To Nearby Cities
| Middlebury | $459K | $525K | +14.4% |
| Beacon Falls | $325K | $370K | +13.8% |
| Waterbury | $220K | $250K | +13.6% |
| Naugatuck | $281.5K | $302.9K | +7.6% |
| Prospect | $354.9K | $370K | +4.2% |
Housing Supply in Naugatuck, CT
How many homes are available in Naugatuck, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 91 | 89 | -2.2% |
Summary: The Naugatuck real estate market had 89 homes for sale in March 2024, a 2.2% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 15 | 20 | +33.3% |
| 3 Bedrooms | 53 | 52 | -1.9% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 10 | 5 | -50.0% |
Summary: The Naugatuck housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 21 | 27 | +28.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Naugatuck, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 27 homes were sold or pending in Naugatuck in March 2024, up by 28.6% month-over-month. Of the 27 sold homes, 30% were sold under asking, 15% were sold at asking, and 56% were sold over asking.
Days on Market for Naugatuck, CT
We’re sorry, we don't have information for this market at the moment
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