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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Thomaston is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Thomaston was a Seller's Market.

Key Takeaway

Thomaston is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Thomaston, CT

How much do homes in Thomaston, CT cost?

Median Sold Price

$280,000

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$20,000(+7.7%)

Key Takeaway

Homes in Thomaston have sold for 7.7% more than they did a year ago.

Summary: The median home sold price in Thomaston was $280,000 in April 2024, up 7.7% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $239K-
N/A
2 $165.7K$175K
+5.6%
3 $267.5K$292.5K
+9.3%
4 $305K$440K
+44.3%
5+ $392.7K$285K
-27.4%

Summary: Thomaston housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 44.3%, and 5+ bedroom homes decreased by 27.4%.

Median Sold Price Compared To Nearby Cities

Terryville
+17.4%
Watertown
+13.6%
Plymouth
+13.5%
Thomaston
+7.7%

Housing Supply in Thomaston, CT

How many homes are available in Thomaston, CT?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1422+57.1%

Summary: The Thomaston real estate market had 22 homes for sale in April 2024, a 57.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 55
0.0%
3 711
+57.1%
4 15
+400.0%
5+ 11
0.0%

Summary: The Thomaston 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 remained the same, 3 bedroom homes increased by 57.1%, 4 bedroom homes increased by 400%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Thomaston, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Thomaston in April 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Thomaston, 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 9 Days Ago

Newest Listings in Thomaston, CT

Nearby Markets to Thomaston, CT

What housing markets are near Thomaston, CT?