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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stamford is a seller's market

Buyer's
Market

Difference Since August 2023

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

Key Takeaway

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

Housing Prices in Stamford, CT

How much do homes in Stamford, CT cost?

Median Sold Price

$650,259

$328/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$65,424(+11.2%)

Key Takeaway

Homes in Stamford have sold for 11.2% more than they did a year ago.

Summary: The median home sold price in Stamford was $650,259 in August 2024, up 11.2% from last year, and the median price per square foot was $328.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $247K$262.5K
+6.3%
2 $400.4K$430K
+7.4%
3 $640.7K$700K
+9.2%
4 $879K$928K
+5.6%
5+ $1.0M$1.0M
+5.8%

Summary: Stamford housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.3%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 5.8%.

Median Sold Price Compared To Nearby Cities

New Canaan
+19.6%
Cos Cob
+13.3%
Old Greenwich
+12.9%
Stamford
+11.2%
Darien
+6.6%

Housing Supply in Stamford, CT

How many homes are available in Stamford, CT?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
436369-15.4%

Summary: The Stamford real estate market had 369 homes for sale in August 2024, a 15.4% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 4539
-13.3%
2 9694
-2.1%
3 120101
-15.8%
4 10984
-22.9%
5+ 6651
-22.7%

Summary: The Stamford housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 13.3%, 2 bedroom homes decreased by 2.1%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes decreased by 22.9%, and 5+ bedroom homes decreased by 22.7%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
128117-8.6%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

80 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stamford, you could pay more than the asking price. 68.4% of homes here sold above asking price last month.

Summary: A total of 117 homes were sold or pending in Stamford in August 2024, down by 8.6% month-over-month. Of the 117 sold homes, 21% were sold under asking, 11% were sold at asking, and 68% were sold over asking.

Days on Market for Stamford, 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 12 Days Ago

Newest Listings in Stamford, CT

Nearby Markets to Stamford, CT

What housing markets are near Stamford, CT?