Is Killingworth, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Killingworth has remained a Seller's Market.
Key Takeaway
Killingworth is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Killingworth, CT
How much do homes in Killingworth, CT cost?
Median Sold Price
$525,000
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Killingworth have sold for 18% more than they did a year ago.
Summary: The median home sold price in Killingworth was $525,000 in May 2024, up 18% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $139K | $158K | +13.7% |
| 3 Bedrooms | $410K | $558K | +36.1% |
| 4 Bedrooms | $637.5K | $675K | +5.9% |
| 5+ Bedrooms | $425K | - | N/A |
Summary: Killingworth housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.7%, 3 bedroom homes increased by 36.1%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes did not change.
Housing Supply in Killingworth, CT
How many homes are available in Killingworth, CT?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 11 | 22 | +100.0% |
Summary: The Killingworth real estate market had 22 homes for sale in May 2024, a 100.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 2 | 8 | +300.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Killingworth housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 300%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Killingworth, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Killingworth in May 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Killingworth, CT
We’re sorry, we don't have information for this market at the moment
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