$2,363 Closing Credit*
$199,000
1,104 SqFt
2 Beds
•1 Full Bath
Margaret Bennett, Listing Office: Margaret Bennett Realty
Is Wallingford, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Wallingford has remained a Seller's Market.
Key Takeaway
Wallingford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wallingford, CT
How much do homes in Wallingford, CT cost?
Median Sold Price
$350,000
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$25,000(+7.7%)
Key Takeaway
Homes in Wallingford have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in Wallingford was $350,000 in August 2024, up 7.7% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $118K | $130K | +10.2% |
| 2 Bedrooms | $235K | $275K | +17.0% |
| 3 Bedrooms | $334.6K | $371.1K | +10.9% |
| 4 Bedrooms | $398.5K | $470K | +17.9% |
| 5+ Bedrooms | $433.5K | $527.5K | +21.7% |
Summary: Wallingford housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.2%, 2 bedroom homes increased by 17%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes increased by 21.7%.
Median Sold Price Compared To Nearby Cities
| Meriden | $249.9K | $285K | +14.0% |
| North Haven | $385.5K | $435.6K | +13.0% |
| North Branford | $375K | $410K | +9.3% |
| Wallingford | $325K | $350K | +7.7% |
| Northford | $418.5K | $450K | +7.5% |
Housing Supply in Wallingford, CT
How many homes are available in Wallingford, CT?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 123 | 118 | -4.1% |
Summary: The Wallingford real estate market had 118 homes for sale in August 2024, a 4.1% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 31 | 30 | -3.2% |
| 3 Bedrooms | 57 | 57 | 0.0% |
| 4 Bedrooms | 24 | 19 | -20.8% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Wallingford housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 3.2%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20.8%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 41 | 33 | -19.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
30 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wallingford, you could pay more than the asking price. 90.9% of homes here sold above asking price last month.
Summary: A total of 33 homes were sold or pending in Wallingford in August 2024, down by 19.5% month-over-month. Of the 33 sold homes, 6% were sold under asking, 3% were sold at asking, and 91% were sold over asking.
Days on Market for Wallingford, CT
We’re sorry, we don't have information for this market at the moment
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