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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Plantsville is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Plantsville, CT

How much do homes in Plantsville, CT cost?

Median Sold Price

$350,000

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$55,388(+18.8%)

Key Takeaway

Homes in Plantsville have sold for 18.8% more than they did a year ago.

Summary: The median home sold price in Plantsville was $350,000 in February 2024, up 18.8% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $238K$270K
+13.4%
3 $315K$347.5K
+10.3%
4 $442.5K$525K
+18.6%
5+ $421.5K$439K
+4.2%

Summary: Plantsville 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 increased by 13.4%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 18.6%, and 5+ bedroom homes increased by 4.2%.

Median Sold Price Compared To Nearby Cities

Plantsville
+18.8%
Wolcott
+15.0%
Southington
+6.1%

Housing Supply in Plantsville, CT

How many homes are available in Plantsville, CT?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1615-6.3%

Summary: The Plantsville real estate market had 15 homes for sale in February 2024, a 6.3% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 26
+200.0%
3 84
-50.0%
4 22
0.0%
5+ 43
-25.0%

Summary: The Plantsville 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 increased by 200%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

1 Home Was 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 Plantsville, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Plantsville in February 2024, down by 16.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.

Days on Market for Plantsville, 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 27 Days Ago

Newest Listings in Plantsville, CT

Nearby Markets to Plantsville, CT

What housing markets are near Plantsville, CT?