Is Springdale, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Springdale has remained a Seller's Market.
Key Takeaway
Springdale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Springdale, CT
How much do homes in Springdale, CT cost?
Median Sold Price
$565,000
$309/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Springdale have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in Springdale was $565,000 in April 2024, up 7.6% from last year, and the median price per square foot was $309.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | $230K | +15.0% |
| 2 Bedrooms | $408K | $500K | +22.5% |
| 3 Bedrooms | $571K | $630K | +10.3% |
| 4 Bedrooms | $655K | $749.9K | +14.5% |
| 5+ Bedrooms | $919.5K | $875K | -4.8% |
Summary: Springdale housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15%, 2 bedroom homes increased by 22.5%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes decreased by 4.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Belltown | $544.5K | $605K | +11.1% |
| Turn of River | $637K | $700K | +9.9% |
| Springdale | $525K | $565K | +7.6% |
Housing Supply in Springdale, CT
How many homes are available in Springdale, CT?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 18 | -21.7% |
Summary: The Springdale real estate market had 18 homes for sale in April 2024, a 21.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 7 | -30.0% |
| 3 Bedrooms | 9 | 7 | -22.2% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Springdale housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 30%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 4 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Springdale, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Springdale in April 2024, down by 50.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Springdale, CT
We’re sorry, we don't have information for this market at the moment
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