Is Kent, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Kent was a Buyer's Market.
Housing Prices in Kent, CT
How much do homes in Kent, CT cost?
Median Sold Price
$530,500
$312/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Kent was $530,500 in April 2024, up 7.2% from last year, and the median price per square foot was $312.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $180K | $331.2K | +84.0% |
2 Bedrooms | $380K | $353.7K | -6.9% |
3 Bedrooms | $495K | $437K | -11.7% |
4 Bedrooms | $663K | $1.1M | +75.7% |
5+ Bedrooms | - | $1.3M | N/A |
Summary: Kent housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 84%, 2 bedroom homes decreased by 6.9%, 3 bedroom homes decreased by 11.7%, 4 bedroom homes increased by 75.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Kent | $495K | $530.5K | +7.2% |
Cornwall Bridge | $495K | $500K | +1.0% |
South Kent | $525K | $392K | -25.3% |
Housing Supply in Kent, CT
How many homes are available in Kent, CT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 18 | +5.9% |
Summary: The Kent real estate market had 18 homes for sale in April 2024, a 5.9% 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 | 2 | 2 | 0.0% |
3 Bedrooms | 8 | 11 | +37.5% |
4 Bedrooms | 4 | 2 | -50.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Kent 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 remained the same, 3 bedroom homes increased by 37.5%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Kent in April 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.
Days on Market for Kent, CT
We’re sorry, we don't have information for this market at the moment