Is Northford, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Northford was a Neutral Market.
Housing Prices in Northford, CT
How much do homes in Northford, CT cost?
Median Sold Price
$441,500
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Northford was $441,500 in May 2024, up 7.7% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $310K | $362K | +16.8% |
3 Bedrooms | $387.5K | $445K | +14.8% |
4 Bedrooms | $496K | $449.2K | -9.4% |
5+ Bedrooms | $520K | $499.5K | -3.9% |
Summary: Northford 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 16.8%, 3 bedroom homes increased by 14.8%, 4 bedroom homes decreased by 9.4%, and 5+ bedroom homes decreased by 3.9%.
Median Sold Price Compared To Nearby Cities
North Branford | $370K | $408K | +10.3% |
Guilford | $530K | $575K | +8.5% |
Northford | $410K | $441.5K | +7.7% |
Wallingford | $323.7K | $345.1K | +6.6% |
North Haven | $391.1K | $415.2K | +6.2% |
Housing Supply in Northford, CT
How many homes are available in Northford, CT?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
21 | 27 | +28.6% |
Summary: The Northford real estate market had 27 homes for sale in May 2024, a 28.6% 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 | 2 | 3 | +50.0% |
3 Bedrooms | 15 | 17 | +13.3% |
4 Bedrooms | 4 | 6 | +50.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Northford 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 50%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 7 | +75.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Northford in May 2024, up by 75.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for Northford, CT
We’re sorry, we don't have information for this market at the moment