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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pomfret is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Pomfret was a Seller's Market.

Key Takeaway

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

Housing Prices in Pomfret, CT

How much do homes in Pomfret, CT cost?

Median Sold Price

$475,000

$176/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

+$5,000(+1.1%)

Key Takeaway

Homes in Pomfret have sold for 1.1% more than they did a month ago.

Summary: The median home sold price in Pomfret was $475,000 in February 2024, up 1.1% from last month, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 --
N/A
3 $395K-
N/A
4 -$475K
N/A
5+ $545K-
N/A

Summary: Pomfret housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Pomfret, CT

How many homes are available in Pomfret, CT?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
98-11.1%

Summary: The Pomfret real estate market had 8 homes for sale in February 2024, a 11.1% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 00
0.0%
3 32
-33.3%
4 45
+25.0%
5+ 21
-50.0%

Summary: The Pomfret 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pomfret, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Pomfret in February 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Pomfret, 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 Pomfret, CT

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