Is Hamden, 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, Hamden has remained a Seller's Market.
Housing Prices in Hamden, CT
How much do homes in Hamden, CT cost?
Median Sold Price
$319,560
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Hamden was $319,560 in May 2024, up 6.7% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $129.5K | $155K | +19.6% |
2 Bedrooms | $215K | $225K | +4.7% |
3 Bedrooms | $310K | $325.5K | +5.0% |
4 Bedrooms | $350K | $385K | +10.0% |
5+ Bedrooms | $400K | $432.5K | +8.1% |
Summary: Hamden housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.6%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 8.1%.
Median Sold Price Compared To Nearby Cities
New Haven | $280K | $320.1K | +14.3% |
Woodbridge | $607K | $664.2K | +9.4% |
Hamden | $299.5K | $319.5K | +6.7% |
North Haven | $391.1K | $415.2K | +6.2% |
Bethany | $492K | $460K | -6.5% |
Housing Supply in Hamden, CT
How many homes are available in Hamden, CT?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
230 | 238 | +3.5% |
Summary: The Hamden real estate market had 238 homes for sale in May 2024, a 3.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 6 | 0.0% |
2 Bedrooms | 34 | 34 | 0.0% |
3 Bedrooms | 109 | 105 | -3.7% |
4 Bedrooms | 53 | 60 | +13.2% |
5+ Bedrooms | 28 | 33 | +17.9% |
Summary: The Hamden 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 remained the same, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes increased by 17.9%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
47 | 63 | +34.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
52 Homes Were Sold
Over Asking
Summary: A total of 63 homes were sold or pending in Hamden in May 2024, up by 34.0% month-over-month. Of the 63 sold homes, 14% were sold under asking, 3% were sold at asking, and 83% were sold over asking.
Days on Market for Hamden, CT
We’re sorry, we don't have information for this market at the moment