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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sharon is a buyer's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Sharon, CT

How much do homes in Sharon, CT cost?

Median Sold Price

$647,500

$328/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$27,500(+4.4%)

Key Takeaway

Homes in Sharon have sold for 4.4% more than they did a year ago.

Summary: The median home sold price in Sharon was $647,500 in March 2024, up 4.4% from last year, and the median price per square foot was $328.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $400K-
N/A
2 $425K$320K
-24.7%
3 $645K$622.5K
-3.5%
4 $878.7K$865.5K
-1.5%
5+ $1.7M$1.8M
+10.3%

Summary: Sharon housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 24.7%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 10.3%.

Median Sold Price Compared To Nearby Cities

Sharon
+4.4%
Cornwall Bridge
-1.1%

Housing Supply in Sharon, CT

How many homes are available in Sharon, CT?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1520+33.3%

Summary: The Sharon real estate market had 20 homes for sale in March 2024, a 33.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 67
+16.7%
4 35
+66.7%
5+ 44
0.0%

Summary: The Sharon housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

2 Homes Were 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 Sharon, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Sharon in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Sharon, 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 24 Days Ago

Newest Listings in Sharon, CT

Nearby Markets to Sharon, CT

What housing markets are near Sharon, CT?