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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bethany is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Bethany has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Bethany, CT

How much do homes in Bethany, CT cost?

Median Sold Price

$455,000

$208/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$45,000(-9.0%)

Key Takeaway

Homes in Bethany have sold for 9% less than they did a year ago.

Summary: The median home sold price in Bethany was $455,000 in April 2024, down 9% from last year, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $339.5K$340K
0.1%
3 $475K$410.5K
-13.6%
4 $560K$551.7K
-1.5%
5+ $752K$790K
+5.1%

Summary: Bethany 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 0.1%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 5.1%.

Median Sold Price Compared To Nearby Cities

Seymour
+19.2%
Woodbridge
+10.0%
Beacon Falls
+6.7%
Hamden
+5.1%
Bethany
-9.0%

Housing Supply in Bethany, CT

How many homes are available in Bethany, CT?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1213+8.3%

Summary: The Bethany real estate market had 13 homes for sale in April 2024, a 8.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 64
-33.3%
4 46
+50.0%
5+ 01
+100.0%

Summary: The Bethany 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 decreased by 33.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bethany, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Bethany in April 2024, up by 400.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.

Days on Market for Bethany, 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 17 Days Ago

Newest Listings in Bethany, CT

Nearby Markets to Bethany, CT

What housing markets are near Bethany, CT?