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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodbridge is a buyer's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Woodbridge, CT

How much do homes in Woodbridge, CT cost?

Median Sold Price

$658,500

$218/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$58,500(+9.8%)

Key Takeaway

Homes in Woodbridge have sold for 9.8% more than they did a year ago.

Summary: The median home sold price in Woodbridge was $658,500 in February 2024, up 9.8% from last year, and the median price per square foot was $218.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $400K$350K
-12.5%
3 $448K$565K
+26.1%
4 $695K$732K
+5.3%
5+ $795K$860K
+8.2%

Summary: Woodbridge housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 26.1%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 8.2%.

Median Sold Price Compared To Nearby Cities

Seymour
+16.1%
Ansonia
+11.7%
Woodbridge
+9.8%
Hamden
+5.0%
Bethany
-6.9%

Housing Supply in Woodbridge, CT

How many homes are available in Woodbridge, CT?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2128+33.3%

Summary: The Woodbridge real estate market had 28 homes for sale in February 2024, a 33.3% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 11
0.0%
3 88
0.0%
4 814
+75.0%
5+ 45
+25.0%

Summary: The Woodbridge 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 remained the same, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were 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 Woodbridge, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Woodbridge in February 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Woodbridge, 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 28 Days Ago

Newest Listings in Woodbridge, CT

Nearby Markets to Woodbridge, CT

What housing markets are near Woodbridge, CT?