Is North Stamford, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Stamford is a buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, North Stamford was a Seller's Market.

Key Takeaway

North Stamford is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in North Stamford, CT

How much do homes in North Stamford, CT cost?

Median Sold Price

$975,000

$293/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$70,666(+7.8%)

Key Takeaway

Homes in North Stamford have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in North Stamford was $975,000 in February 2024, up 7.8% from last year, and the median price per square foot was $293.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $615K$515K
-16.3%
3 $710K$777.5K
+9.5%
4 $880K$990K
+12.5%
5+ $1.2M$1.1M
-2.9%

Summary: North Stamford housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.3%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 2.9%.

Median Sold Price Compared To Nearby Neighborhoods

Westover
+28.0%
Newfield
+9.5%
North Stamford
+7.8%
Turn of River
+7.1%

Housing Supply in North Stamford, CT

How many homes are available in North Stamford, CT?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
4455+25.0%

Summary: The North Stamford real estate market had 55 homes for sale in February 2024, a 25.0% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 58
+60.0%
4 2127
+28.6%
5+ 1518
+20.0%

Summary: The North Stamford housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 60%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
94-55.6%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Stamford, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in North Stamford in February 2024, down by 55.6% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.

Days on Market for North Stamford, 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 28 Days Ago

Newest Listings in North Stamford, CT

Nearby Markets to North Stamford, CT