Is Marlborough, 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, Marlborough was a Buyer's Market.
Housing Prices in Marlborough, CT
How much do homes in Marlborough, CT cost?
Median Sold Price
$429,000
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Marlborough was $429,000 in April 2024, up 26.2% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $119K | N/A |
2 Bedrooms | $295K | $322.5K | +9.3% |
3 Bedrooms | $325.5K | $420K | +29.0% |
4 Bedrooms | $403K | $460K | +14.1% |
5+ Bedrooms | $568K | $565K | -0.5% |
Summary: Marlborough housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 29%, 4 bedroom homes increased by 14.1%, and 5+ bedroom homes decreased by 0.5%.
Median Sold Price Compared To Nearby Cities
South Glastonbury | $517.5K | $675K | +30.4% |
Marlborough | $340K | $429K | +26.2% |
Colchester | $351.3K | $399K | +13.6% |
Hebron | $353.4K | $397.5K | +12.4% |
Amston | $382.5K | $395K | +3.3% |
Housing Supply in Marlborough, CT
How many homes are available in Marlborough, CT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 16 | -5.9% |
Summary: The Marlborough real estate market had 16 homes for sale in April 2024, a 5.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 5 | +150.0% |
3 Bedrooms | 7 | 6 | -14.3% |
4 Bedrooms | 7 | 4 | -42.9% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Marlborough 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 increased by 150%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Marlborough in April 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Marlborough, CT
We’re sorry, we don't have information for this market at the moment