Is Hamden, 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, Hamden has remained a Seller's Market.
Key Takeaway
Hamden is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hamden, CT
How much do homes in Hamden, CT cost?
Median Sold Price
$315,000
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Hamden have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in Hamden was $315,000 in April 2024, up 5.1% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $128.5K | $155K | +20.6% |
| 2 Bedrooms | $216K | $225K | +4.2% |
| 3 Bedrooms | $310K | $323.9K | +4.5% |
| 4 Bedrooms | $340K | $385K | +13.2% |
| 5+ Bedrooms | $400K | $425K | +6.3% |
Summary: Hamden housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.6%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes increased by 6.3%.
Median Sold Price Compared To Nearby Cities
| New Haven | $280K | $320.6K | +14.5% |
| Woodbridge | $595K | $654.2K | +10.0% |
| North Haven | $393.5K | $420K | +6.7% |
| Hamden | $299.7K | $315K | +5.1% |
| Bethany | $500K | $455K | -9.0% |
Housing Supply in Hamden, CT
How many homes are available in Hamden, CT?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 181 | 220 | +21.5% |
Summary: The Hamden real estate market had 220 homes for sale in April 2024, a 21.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 6 | 0.0% |
| 2 Bedrooms | 34 | 32 | -5.9% |
| 3 Bedrooms | 79 | 102 | +29.1% |
| 4 Bedrooms | 38 | 53 | +39.5% |
| 5+ Bedrooms | 24 | 27 | +12.5% |
Summary: The Hamden 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 decreased by 5.9%, 3 bedroom homes increased by 29.1%, 4 bedroom homes increased by 39.5%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 42 | 46 | +9.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
31 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hamden, you could pay more than the asking price. 67.4% of homes here sold above asking price last month.
Summary: A total of 46 homes were sold or pending in Hamden in April 2024, up by 9.5% month-over-month. Of the 46 sold homes, 22% were sold under asking, 11% were sold at asking, and 67% were sold over asking.
Days on Market for Hamden, CT
We’re sorry, we don't have information for this market at the moment
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