Is New Haven County, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, New Haven County has remained a Seller's Market.
Key Takeaway
New Haven County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in New Haven County, CT
How much do homes in New Haven County, CT cost?
Median Sold Price
$347,047
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in New Haven County have sold for 11.8% more than they did a year ago.
Summary: The median home sold price in New Haven County was $347,047 in June 2024, up 11.8% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $168.5K | $185K | +9.8% |
| 2 Bedrooms | $228.7K | $260K | +13.7% |
| 3 Bedrooms | $321.2K | $350K | +8.9% |
| 4 Bedrooms | $412.5K | $453K | +9.8% |
| 5+ Bedrooms | $371.3K | $420K | +13.1% |
Summary: New Haven County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.8%, 2 bedroom homes increased by 13.7%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 13.1%.
Median Sold Price Compared To Nearby Counties
| Litchfield County | $309.4K | $348.3K | +12.6% |
| New Haven County | $310.5K | $347K | +11.8% |
| Hartford County | $300K | $335.1K | +11.7% |
| Fairfield County | $540.3K | $589.4K | +9.1% |
| Middlesex County | $347.2K | $370K | +6.6% |
Housing Supply in New Haven County, CT
How many homes are available in New Haven County, CT?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 2,902 | 2,904 | 0.1% |
Summary: The New Haven County real estate market had 2,904 homes for sale in June 2024, a 0.1% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 91 | 107 | +17.6% |
| 2 Bedrooms | 683 | 620 | -9.2% |
| 3 Bedrooms | 1,127 | 1,125 | -0.2% |
| 4 Bedrooms | 583 | 623 | +6.9% |
| 5+ Bedrooms | 418 | 429 | +2.6% |
Summary: The New Haven County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 17.6%, 2 bedroom homes decreased by 9.2%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 2.6%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 734 | 675 | -8.0% |
Asking Price vs. Sold Price
166 Homes Were Sold
Under Asking
69 Homes Were Sold
At Asking
440 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in New Haven County, you could pay more than the asking price. 65.2% of homes here sold above asking price last month.
Summary: A total of 675 homes were sold or pending in New Haven County in June 2024, down by 8.0% month-over-month. Of the 675 sold homes, 25% were sold under asking, 10% were sold at asking, and 65% were sold over asking.
Days on Market for New Haven County, CT
We’re sorry, we don't have information for this market at the moment
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