Is Griswold, 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, Griswold has remained a Seller's Market.
Key Takeaway
Griswold is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Griswold, CT
How much do homes in Griswold, CT cost?
Median Sold Price
$302,500
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Griswold have sold for 16.4% more than they did a year ago.
Summary: The median home sold price in Griswold was $302,500 in May 2024, up 16.4% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $93K | $129K | +38.7% |
| 2 Bedrooms | $144.5K | $220K | +52.2% |
| 3 Bedrooms | $310K | $323K | +4.2% |
| 4 Bedrooms | $328K | $350K | +6.7% |
| 5+ Bedrooms | $240K | $330K | +37.5% |
Summary: Griswold housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.7%, 2 bedroom homes increased by 52.2%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 37.5%.
Median Sold Price Compared To Nearby Cities
| Griswold | $259.9K | $302.5K | +16.4% |
| Jewett City | $270K | $310K | +14.8% |
| Preston | $312.5K | $351K | +12.3% |
| Lisbon | $300K | $315K | +5.0% |
Housing Supply in Griswold, CT
How many homes are available in Griswold, CT?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 27 | 28 | +3.7% |
Summary: The Griswold real estate market had 28 homes for sale in May 2024, a 3.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 14 | 15 | +7.1% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Griswold 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 remained the same, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 7 | -30.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Griswold, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Griswold in May 2024, down by 30.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% were sold over asking.
Days on Market for Griswold, CT
We’re sorry, we don't have information for this market at the moment
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