Is Cheshire, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Cheshire has remained a Seller's Market.
Housing Prices in Cheshire, CT
How much do homes in Cheshire, CT cost?
Median Sold Price
$439,587
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cheshire was $439,587 in April 2024, up 4.6% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $140K | $147K | +5.0% |
2 Bedrooms | $270K | $290K | +7.4% |
3 Bedrooms | $388.7K | $420K | +8.0% |
4 Bedrooms | $545K | $600K | +10.1% |
5+ Bedrooms | $625K | $525K | -16.0% |
Summary: Cheshire housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes decreased by 16%.
Median Sold Price Compared To Nearby Cities
Plantsville | $305K | $361K | +18.4% |
Meriden | $240.2K | $273.8K | +14.0% |
Wallingford | $322K | $345K | +7.1% |
Cheshire | $420.3K | $439.5K | +4.6% |
Prospect | $359.9K | $370K | +2.8% |
Housing Supply in Cheshire, CT
How many homes are available in Cheshire, CT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
77 | 94 | +22.1% |
Summary: The Cheshire real estate market had 94 homes for sale in April 2024, a 22.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 7 | 17 | +142.9% |
3 Bedrooms | 27 | 28 | +3.7% |
4 Bedrooms | 34 | 36 | +5.9% |
5+ Bedrooms | 8 | 12 | +50.0% |
Summary: The Cheshire 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 increased by 142.9%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 19 | +35.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Cheshire in April 2024, up by 35.7% month-over-month. Of the 19 sold homes, 37% were sold under asking, 5% were sold at asking, and 58% were sold over asking.
Days on Market for Cheshire, CT
We’re sorry, we don't have information for this market at the moment