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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Plymouth is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Plymouth, CT

How much do homes in Plymouth, CT cost?

Median Sold Price

$300,000

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,000(+9.1%)

Key Takeaway

Homes in Plymouth have sold for 9.1% more than they did a year ago.

Summary: The median home sold price in Plymouth was $300,000 in November 2024, up 9.1% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $194K$235K
+21.1%
2 $175K$197.4K
+12.8%
3 $291.2K$311K
+6.8%
4 $292.5K$335K
+14.5%
5+ $325K$310K
-4.6%

Summary: Plymouth housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.1%, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes decreased by 4.6%.

Median Sold Price Compared To Nearby Cities

Wolcott
+14.4%
Bristol
+11.6%
Terryville
+11.5%
Plymouth
+9.1%
Thomaston
-1.8%

Housing Supply in Plymouth, CT

How many homes are available in Plymouth, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5347-11.3%

Summary: The Plymouth real estate market had 47 homes for sale in November 2024, a 11.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 79
+28.6%
3 3528
-20.0%
4 32
-33.3%
5+ 76
-14.3%

Summary: The Plymouth housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 28.6%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1118+63.6%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Plymouth, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.

Summary: A total of 18 homes were sold or pending in Plymouth in November 2024, up by 63.6% month-over-month. Of the 18 sold homes, 28% were sold under asking, 17% were sold at asking, and 56% were sold over asking.

Days on Market for Plymouth, 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 10 Days Ago

Newest Listings in Plymouth, CT

Nearby Markets to Plymouth, CT

What housing markets are near Plymouth, CT?