Is Southington, 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, Southington has remained a Seller's Market.
Housing Prices in Southington, CT
How much do homes in Southington, CT cost?
Median Sold Price
$360,000
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Southington was $360,000 in April 2024, up 8% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $130K | $168K | +29.2% |
2 Bedrooms | $250.1K | $251.2K | 0.5% |
3 Bedrooms | $335K | $364K | +8.7% |
4 Bedrooms | $521.2K | $480K | -7.9% |
5+ Bedrooms | $380K | $506.8K | +33.4% |
Summary: Southington housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.2%, 2 bedroom homes increased by 0.5%, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes increased by 33.4%.
Median Sold Price Compared To Nearby Cities
Plantsville | $305K | $361K | +18.4% |
Plainville | $250K | $280K | +12.0% |
Southington | $333.4K | $360K | +8.0% |
Housing Supply in Southington, CT
How many homes are available in Southington, CT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
97 | 102 | +5.2% |
Summary: The Southington real estate market had 102 homes for sale in April 2024, a 5.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 22 | 23 | +4.5% |
3 Bedrooms | 45 | 51 | +13.3% |
4 Bedrooms | 21 | 22 | +4.8% |
5+ Bedrooms | 8 | 5 | -37.5% |
Summary: The Southington 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 4.5%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 37.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 28 | -6.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in Southington in April 2024, down by 6.7% month-over-month. Of the 28 sold homes, 11% were sold under asking, 11% were sold at asking, and 79% were sold over asking.
Days on Market for Southington, CT
We’re sorry, we don't have information for this market at the moment