Is New Hartford, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing New Hartford is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in New Hartford, CT

How much do homes in New Hartford, CT cost?

Median Sold Price

$370,900

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$36,900(+11.0%)

Key Takeaway

Homes in New Hartford have sold for 11% more than they did a year ago.

Summary: The median home sold price in New Hartford was $370,900 in March 2024, up 11% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $156.5K$125K
-20.1%
2 $155K$184.5K
+19.0%
3 $372.4K$382.9K
+2.8%
4 $500K$499.9K
0%
5+ $785K$543.5K
-30.8%

Summary: New Hartford housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.1%, 2 bedroom homes increased by 19%, 3 bedroom homes increased by 2.8%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 30.8%.

Median Sold Price Compared To Nearby Cities

Torrington
+14.5%
New Hartford
+11.0%
Canton
+3.8%
Burlington
-7.1%

Housing Supply in New Hartford, CT

How many homes are available in New Hartford, CT?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1819+5.6%

Summary: The New Hartford real estate market had 19 homes for sale in March 2024, a 5.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 45
+25.0%
3 89
+12.5%
4 33
0.0%
5+ 22
0.0%

Summary: The New Hartford housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
440.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in New Hartford, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in New Hartford in March 2024, the same as the previous month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for New Hartford, 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 26 Days Ago

Newest Listings in New Hartford, CT

Nearby Markets to New Hartford, CT

What housing markets are near New Hartford, CT?