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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Griswold is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Griswold was a Buyer's Market.

Key Takeaway

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

Housing Prices in Griswold, CT

How much do homes in Griswold, CT cost?

Median Sold Price

$300,000

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$40,050(+15.4%)

Key Takeaway

Homes in Griswold have sold for 15.4% more than they did a year ago.

Summary: The median home sold price in Griswold was $300,000 in April 2024, up 15.4% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $93K$125K
+34.4%
2 $148K$213.7K
+44.4%
3 $293K$325K
+10.9%
4 $330K$327.7K
-0.7%
5+ $250K$340K
+36.0%

Summary: Griswold housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.4%, 2 bedroom homes increased by 44.4%, 3 bedroom homes increased by 10.9%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes increased by 36%.

Median Sold Price Compared To Nearby Cities

Griswold
+15.4%
Preston
+13.5%
Jewett City
+11.1%
Lisbon
+2.5%

Housing Supply in Griswold, CT

How many homes are available in Griswold, CT?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3127-12.9%

Summary: The Griswold real estate market had 27 homes for sale in April 2024, a 12.9% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 35
+66.7%
3 2016
-20.0%
4 56
+20.0%
5+ 20
-100.0%

Summary: The Griswold housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
910+11.1%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Griswold, you could pay more than the asking price. 70% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in Griswold in April 2024, up by 11.1% month-over-month. Of the 10 sold homes, 20% were sold under asking, 10% were sold at asking, and 70% were sold over asking.

Days on Market for Griswold, 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 4 Days Ago

Newest Listings in Griswold, CT

Nearby Markets to Griswold, CT

What housing markets are near Griswold, CT?