Is Stratford, 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, Stratford has remained a Seller's Market.
Key Takeaway
Stratford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stratford, CT
How much do homes in Stratford, CT cost?
Median Sold Price
$389,957
$242/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Stratford have sold for 4% more than they did a year ago.
Summary: The median home sold price in Stratford was $389,957 in March 2024, up 4% from last year, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | $225K | +4.7% |
| 2 Bedrooms | $320K | $340K | +6.3% |
| 3 Bedrooms | $385K | $406K | +5.5% |
| 4 Bedrooms | $450K | $460K | +2.2% |
| 5+ Bedrooms | $475K | $525K | +10.5% |
Summary: Stratford housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.7%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 10.5%.
Median Sold Price Compared To Nearby Cities
| Bridgeport | $299.9K | $334.9K | +11.7% |
| Milford | $401.1K | $430K | +7.2% |
| Trumbull | $534.9K | $563.5K | +5.3% |
| Stratford | $374.8K | $389.9K | +4.0% |
| Shelton | $440.8K | $458K | +3.9% |
Housing Supply in Stratford, CT
How many homes are available in Stratford, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 153 | 148 | -3.3% |
Summary: The Stratford real estate market had 148 homes for sale in March 2024, a 3.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 21 | 22 | +4.8% |
| 2 Bedrooms | 23 | 23 | 0.0% |
| 3 Bedrooms | 70 | 67 | -4.3% |
| 4 Bedrooms | 30 | 30 | 0.0% |
| 5+ Bedrooms | 9 | 6 | -33.3% |
Summary: The Stratford housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.8%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 36 | 40 | +11.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
29 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stratford, you could pay more than the asking price. 72.5% of homes here sold above asking price last month.
Summary: A total of 40 homes were sold or pending in Stratford in March 2024, up by 11.1% month-over-month. Of the 40 sold homes, 18% were sold under asking, 10% were sold at asking, and 73% were sold over asking.
Days on Market for Stratford, CT
We’re sorry, we don't have information for this market at the moment
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