Is Stafford, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Stafford has remained a Seller's Market.
Key Takeaway
Stafford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stafford, CT
How much do homes in Stafford, CT cost?
Median Sold Price
$275,500
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Stafford have sold for 9.8% more than they did a year ago.
Summary: The median home sold price in Stafford was $275,500 in March 2024, up 9.8% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185K | $38K | -79.5% |
| 2 Bedrooms | $165K | $189.5K | +14.8% |
| 3 Bedrooms | $270K | $290K | +7.4% |
| 4 Bedrooms | $285K | $360K | +26.3% |
| 5+ Bedrooms | $298.9K | $322.5K | +7.9% |
Summary: Stafford housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 79.5%, 2 bedroom homes increased by 14.8%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 26.3%, and 5+ bedroom homes increased by 7.9%.
Median Sold Price Compared To Nearby Cities
| Willington | $285K | $354K | +24.2% |
| Stafford | $251K | $275.5K | +9.8% |
| Stafford Springs | $252K | $275.5K | +9.3% |
| Ellington | $355K | $378K | +6.5% |
Housing Supply in Stafford, CT
How many homes are available in Stafford, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 27 | 25 | -7.4% |
Summary: The Stafford real estate market had 25 homes for sale in March 2024, a 7.4% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 13 | 9 | -30.8% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Stafford housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 30.8%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stafford, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Stafford in March 2024, up by 14.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Stafford, CT
How long does it take to sell a home in Stafford, CT?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Stafford has remained consistent over time.
Summary: During March 2024, 8 homes were sold in Stafford; 0% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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