Is Mansfield, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Mansfield was a Neutral Market.
Housing Prices in Mansfield, CT
How much do homes in Mansfield, CT cost?
Median Sold Price
$330,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Mansfield was $330,000 in April 2024, up 10% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $146.5K | $175K | +19.5% |
2 Bedrooms | $170K | $185.5K | +9.1% |
3 Bedrooms | $310K | $340K | +9.7% |
4 Bedrooms | $379K | $410K | +8.2% |
5+ Bedrooms | $407.5K | $489.5K | +20.1% |
Summary: Mansfield housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.5%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 20.1%.
Median Sold Price Compared To Nearby Cities
Coventry | $298.9K | $335K | +12.1% |
Mansfield | $300K | $330K | +10.0% |
Windham | $215K | $235K | +9.3% |
Mansfield Center | $285K | $300K | +5.3% |
Housing Supply in Mansfield, CT
How many homes are available in Mansfield, CT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 34 | +13.3% |
Summary: The Mansfield real estate market had 34 homes for sale in April 2024, a 13.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 8 | 13 | +62.5% |
3 Bedrooms | 6 | 7 | +16.7% |
4 Bedrooms | 10 | 8 | -20.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Mansfield housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 62.5%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 6 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Mansfield in April 2024, down by 40.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.
Days on Market for Mansfield, CT
We’re sorry, we don't have information for this market at the moment