Is New Hartford, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing New Hartford is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, New Hartford was a Seller's Market.

Key Takeaway

New Hartford is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in New Hartford, CT

How much do homes in New Hartford, CT cost?

Median Sold Price

$376,700

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$51,200(+15.7%)

Key Takeaway

Homes in New Hartford have sold for 15.7% more than they did a year ago.

Summary: The median home sold price in New Hartford was $376,700 in April 2024, up 15.7% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $156.5K$125K
-20.1%
2 $195K$180.5K
-7.4%
3 $370K$370.9K
0.2%
4 $487.5K$505.2K
+3.6%
5+ $785K$537K
-31.6%

Summary: New Hartford housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.1%, 2 bedroom homes decreased by 7.4%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes decreased by 31.6%.

Median Sold Price Compared To Nearby Cities

Torrington
+16.9%
New Hartford
+15.7%
Canton
+10.3%
Burlington
-4.2%

Housing Supply in New Hartford, CT

How many homes are available in New Hartford, CT?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2024+20.0%

Summary: The New Hartford real estate market had 24 homes for sale in April 2024, a 20.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 912
+33.3%
4 34
+33.3%
5+ 34
+33.3%

Summary: The New Hartford 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 20%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
440.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in New Hartford, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in New Hartford in April 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for New Hartford, CT

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in New Hartford, CT

Nearby Markets to New Hartford, CT

What housing markets are near New Hartford, CT?