Is Terryville, 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, Terryville has remained a Seller's Market.
Key Takeaway
Terryville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Terryville, CT
How much do homes in Terryville, CT cost?
Median Sold Price
$300,000
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Terryville have sold for 17.4% more than they did a year ago.
Summary: The median home sold price in Terryville was $300,000 in April 2024, up 17.4% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $112.4K | $190K | +69.0% |
| 2 Bedrooms | $156.9K | $180K | +14.7% |
| 3 Bedrooms | $265K | $315K | +18.9% |
| 4 Bedrooms | $262K | $385K | +46.9% |
| 5+ Bedrooms | $339.9K | $305K | -10.3% |
Summary: Terryville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 69%, 2 bedroom homes increased by 14.7%, 3 bedroom homes increased by 18.9%, 4 bedroom homes increased by 46.9%, and 5+ bedroom homes decreased by 10.3%.
Housing Supply in Terryville, CT
How many homes are available in Terryville, CT?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 24 | 30 | +25.0% |
Summary: The Terryville real estate market had 30 homes for sale in April 2024, a 25.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 18 | 20 | +11.1% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Terryville 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 increased by 100%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Terryville, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Terryville in April 2024, down by 12.5% month-over-month. Of the 7 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% were sold over asking.
Days on Market for Terryville, CT
We’re sorry, we don't have information for this market at the moment
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