Is New Haven County, 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, New Haven County has remained a Seller's Market.
Key Takeaway
New Haven County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in New Haven County, CT
How much do homes in New Haven County, CT cost?
Median Sold Price
$339,716
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in New Haven County have sold for 9.9% more than they did a year ago.
Summary: The median home sold price in New Haven County was $339,716 in April 2024, up 9.9% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | $179.9K | +9.1% |
| 2 Bedrooms | $223.6K | $253.3K | +13.2% |
| 3 Bedrooms | $319.8K | $345.2K | +7.9% |
| 4 Bedrooms | $411.2K | $441.4K | +7.3% |
| 5+ Bedrooms | $364K | $413.2K | +13.5% |
Summary: New Haven County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 13.5%.
Median Sold Price Compared To Nearby Counties
| Litchfield County | $299.9K | $340K | +13.3% |
| Hartford County | $299.7K | $329.9K | +10.1% |
| New Haven County | $309.2K | $339.7K | +9.9% |
| Fairfield County | $537.9K | $579.8K | +7.8% |
| Middlesex County | $342.5K | $363.4K | +6.1% |
Housing Supply in New Haven County, CT
How many homes are available in New Haven County, CT?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2,321 | 2,527 | +8.9% |
Summary: The New Haven County real estate market had 2,527 homes for sale in April 2024, a 8.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 72 | 73 | +1.4% |
| 2 Bedrooms | 494 | 548 | +10.9% |
| 3 Bedrooms | 905 | 962 | +6.3% |
| 4 Bedrooms | 494 | 564 | +14.2% |
| 5+ Bedrooms | 356 | 380 | +6.7% |
Summary: The New Haven County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 1.4%, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 568 | 559 | -1.6% |
Asking Price vs. Sold Price
138 Homes Were Sold
Under Asking
54 Homes Were Sold
At Asking
367 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in New Haven County, you could pay more than the asking price. 65.7% of homes here sold above asking price last month.
Summary: A total of 559 homes were sold or pending in New Haven County in April 2024, down by 1.6% month-over-month. Of the 559 sold homes, 25% were sold under asking, 10% were sold at asking, and 66% were sold over asking.
Days on Market for New Haven County, CT
We’re sorry, we don't have information for this market at the moment
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