Is Killingly, 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, Killingly has remained a Seller's Market.
Key Takeaway
Killingly is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Killingly, CT
How much do homes in Killingly, CT cost?
Median Sold Price
$311,000
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Killingly have sold for 10.1% more than they did a year ago.
Summary: The median home sold price in Killingly was $311,000 in April 2024, up 10.1% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $112.5K | $225K | +100.0% |
| 2 Bedrooms | $215K | $272.5K | +26.7% |
| 3 Bedrooms | $283.7K | $330K | +16.3% |
| 4 Bedrooms | $320.7K | $325K | +1.3% |
| 5+ Bedrooms | $305K | $296.5K | -2.8% |
Summary: Killingly housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 26.7%, 3 bedroom homes increased by 16.3%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 2.8%.
Housing Supply in Killingly, CT
How many homes are available in Killingly, CT?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 51 | 45 | -11.8% |
Summary: The Killingly real estate market had 45 homes for sale in April 2024, a 11.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 14 | 12 | -14.3% |
| 3 Bedrooms | 22 | 15 | -31.8% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Killingly housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 31.8%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 14 | -12.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Killingly, you could pay more than the asking price. 64.3% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in Killingly in April 2024, down by 12.5% month-over-month. Of the 14 sold homes, 29% were sold under asking, 7% were sold at asking, and 64% were sold over asking.
Days on Market for Killingly, CT
We’re sorry, we don't have information for this market at the moment
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