Is Bethlehem, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Bethlehem has remained a Seller's Market.
Key Takeaway
Bethlehem is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bethlehem, CT
How much do homes in Bethlehem, CT cost?
Median Sold Price
$470,000
$240/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Bethlehem have sold for 14.6% more than they did a year ago.
Summary: The median home sold price in Bethlehem was $470,000 in May 2024, up 14.6% from last year, and the median price per square foot was $240.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $192.5K | $247.5K | +28.6% |
| 2 Bedrooms | $266.5K | $355K | +33.2% |
| 3 Bedrooms | $404.5K | $465K | +15.0% |
| 4 Bedrooms | $602.5K | $615K | +2.1% |
| 5+ Bedrooms | $838K | $475K | -43.3% |
Summary: Bethlehem housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.6%, 2 bedroom homes increased by 33.2%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes decreased by 43.3%.
Median Sold Price Compared To Nearby Cities
| Washington | $595K | $1.0M | +76.8% |
| Morris | $395K | $530K | +34.2% |
| Bethlehem | $410K | $470K | +14.6% |
| Watertown | $295K | $335K | +13.6% |
| Woodbury | $419K | $410.7K | -2.0% |
Housing Supply in Bethlehem, CT
How many homes are available in Bethlehem, CT?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 14 | 15 | +7.1% |
Summary: The Bethlehem real estate market had 15 homes for sale in May 2024, a 7.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 3 | 1 | -66.7% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Bethlehem housing inventory by bedroom type for May 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 66.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bethlehem, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Bethlehem in May 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Bethlehem, CT
We’re sorry, we don't have information for this market at the moment
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