$6,234 Closing Credit*
$525,000
2,200 SqFt
4 Beds
•2 Full Baths, 1 Partial
Steven Koleno, Listing Office: Beycome of Connecticut
Is Allingtown, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Allingtown has remained a Seller's Market.
Key Takeaway
Allingtown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Allingtown, CT
How much do homes in Allingtown, CT cost?
Median Sold Price
$349,950
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$69,950(+25.0%)
Key Takeaway
Homes in Allingtown have sold for 25% more than they did a year ago.
Summary: The median home sold price in Allingtown was $349,950 in October 2024, up 25% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $287.5K | $277.5K | -3.5% |
| 2 Bedrooms | $185K | $238K | +28.6% |
| 3 Bedrooms | $285K | $325K | +14.0% |
| 4 Bedrooms | $315K | $400K | +27.0% |
| 5+ Bedrooms | $372K | $440K | +18.3% |
Summary: Allingtown housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.5%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 27%, and 5+ bedroom homes increased by 18.3%.
Median Sold Price Compared To Nearby Neighborhoods
| West River | $275K | $385.9K | +40.3% |
| Allingtown | $280K | $349.9K | +25.0% |
| West Haven Center | $280K | $340K | +21.4% |
| Westville | $425K | $465K | +9.4% |
| West Shore | $339K | $370K | +9.1% |
Housing Supply in Allingtown, CT
How many homes are available in Allingtown, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 26 | +44.4% |
Summary: The Allingtown real estate market had 26 homes for sale in October 2024, a 44.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 5 | +150.0% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 2 | 5 | +150.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Allingtown housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 150%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 150%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 8 | +300.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Allingtown, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Allingtown in October 2024, up by 300.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.
Days on Market for Allingtown, CT
We’re sorry, we don't have information for this market at the moment
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