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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Warren is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Warren was a Neutral Market.

Key Takeaway

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

Housing Prices in Warren, CT

How much do homes in Warren, CT cost?

Median Sold Price

$426,000

$228/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

+$36,000(+9.2%)

Key Takeaway

Homes in Warren have sold for 9.2% more than they did a month ago.

Summary: The median home sold price in Warren was $426,000 in February 2024, up 9.2% from last month, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 -$337K
N/A
3 --
N/A
4 $390K$515K
+32.1%
5+ --
N/A

Summary: Warren housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 32.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Warren
+9.2%
Kent
-2.9%

Housing Supply in Warren, CT

How many homes are available in Warren, CT?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
79+28.6%

Summary: The Warren real estate market had 9 homes for sale in February 2024, a 28.6% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 11
0.0%
3 12
+100.0%
4 56
+20.0%
5+ 00
0.0%

Summary: The Warren housing inventory by bedroom type for February 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 100%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Warren, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Warren in February 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Warren, 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 27 Days Ago

Newest Listings in Warren, CT

Nearby Markets to Warren, CT

What housing markets are near Warren, CT?