Is East Hartford, 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, East Hartford has remained a Seller's Market.
Key Takeaway
East Hartford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Hartford, CT
How much do homes in East Hartford, CT cost?
Median Sold Price
$265,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in East Hartford have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in East Hartford was $265,000 in April 2024, up 9.1% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $99.9K | $139.2K | +39.3% |
| 2 Bedrooms | $170K | $175K | +2.9% |
| 3 Bedrooms | $250K | $279K | +11.6% |
| 4 Bedrooms | $269.9K | $290K | +7.4% |
| 5+ Bedrooms | $280K | $343K | +22.5% |
Summary: East Hartford housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 39.3%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 22.5%.
Median Sold Price Compared To Nearby Cities
| Glastonbury | $425K | $489.4K | +15.2% |
| South Windsor | $335K | $379K | +13.1% |
| Manchester | $265K | $294.2K | +11.0% |
| East Hartford | $243K | $265K | +9.1% |
| Hartford | $243.7K | $265.1K | +8.8% |
Housing Supply in East Hartford, CT
How many homes are available in East Hartford, CT?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 116 | 121 | +4.3% |
Summary: The East Hartford real estate market had 121 homes for sale in April 2024, a 4.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 24 | 26 | +8.3% |
| 3 Bedrooms | 62 | 63 | +1.6% |
| 4 Bedrooms | 18 | 22 | +22.2% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The East Hartford housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 32 | 35 | +9.4% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
26 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Hartford, you could pay more than the asking price. 74.3% of homes here sold above asking price last month.
Summary: A total of 35 homes were sold or pending in East Hartford in April 2024, up by 9.4% month-over-month. Of the 35 sold homes, 23% were sold under asking, 3% were sold at asking, and 74% were sold over asking.
Days on Market for East Hartford, CT
We’re sorry, we don't have information for this market at the moment
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