Is Waterbury, 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, Waterbury has remained a Seller's Market.
Key Takeaway
Waterbury is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Waterbury, CT
How much do homes in Waterbury, CT cost?
Median Sold Price
$250,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Waterbury have sold for 13.6% more than they did a year ago.
Summary: The median home sold price in Waterbury was $250,000 in March 2024, up 13.6% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $85K | $103.9K | +22.3% |
| 2 Bedrooms | $160K | $190K | +18.8% |
| 3 Bedrooms | $235K | $264.5K | +12.6% |
| 4 Bedrooms | $249.9K | $275K | +10.0% |
| 5+ Bedrooms | $251.2K | $325K | +29.4% |
Summary: Waterbury housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.3%, 2 bedroom homes increased by 18.8%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 29.4%.
Housing Supply in Waterbury, CT
How many homes are available in Waterbury, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 249 | 274 | +10.0% |
Summary: The Waterbury real estate market had 274 homes for sale in March 2024, a 10.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 48 | 50 | +4.2% |
| 3 Bedrooms | 109 | 119 | +9.2% |
| 4 Bedrooms | 49 | 54 | +10.2% |
| 5+ Bedrooms | 38 | 45 | +18.4% |
Summary: The Waterbury housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes increased by 18.4%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 49 | 61 | +24.5% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
27 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Waterbury, you could pay more than the asking price. 44.3% of homes here sold above asking price last month.
Summary: A total of 61 homes were sold or pending in Waterbury in March 2024, up by 24.5% month-over-month. Of the 61 sold homes, 41% were sold under asking, 15% were sold at asking, and 44% were sold over asking.
Days on Market for Waterbury, CT
We’re sorry, we don't have information for this market at the moment
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