Is Rocky Hill, 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, Rocky Hill has remained a Seller's Market.
Housing Prices in Rocky Hill, CT
How much do homes in Rocky Hill, CT cost?
Median Sold Price
$345,172
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Rocky Hill was $345,172 in May 2024, up 13.5% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $125.5K | $151.2K | +20.5% |
2 Bedrooms | $225K | $275K | +22.2% |
3 Bedrooms | $360K | $365K | +1.4% |
4 Bedrooms | $475K | $570K | +20.0% |
5+ Bedrooms | $904.5K | $800K | -11.6% |
Summary: Rocky Hill housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.5%, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 11.6%.
Median Sold Price Compared To Nearby Cities
Newington | $279.5K | $319.1K | +14.2% |
Rocky Hill | $304.1K | $345.1K | +13.5% |
Berlin | $349.9K | $380K | +8.6% |
Wethersfield | $325K | $352K | +8.3% |
Cromwell | $272.5K | $292.5K | +7.3% |
Housing Supply in Rocky Hill, CT
How many homes are available in Rocky Hill, CT?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
52 | 59 | +13.5% |
Summary: The Rocky Hill real estate market had 59 homes for sale in May 2024, a 13.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 19 | 22 | +15.8% |
3 Bedrooms | 22 | 28 | +27.3% |
4 Bedrooms | 9 | 6 | -33.3% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Rocky Hill housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 27.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 17 | +21.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Rocky Hill in May 2024, up by 21.4% month-over-month. Of the 17 sold homes, 18% were sold under asking, 0% were sold at asking, and 82% were sold over asking.
Days on Market for Rocky Hill, CT
We’re sorry, we don't have information for this market at the moment