Is Allingtown, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Allingtown is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Allingtown was a Seller's Market.

Key Takeaway

Allingtown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Allingtown, CT

How much do homes in Allingtown, CT cost?

Median Sold Price

$355,000

$207/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$73,500(+26.1%)

Key Takeaway

Homes in Allingtown have sold for 26.1% more than they did a year ago.

Summary: The median home sold price in Allingtown was $355,000 in November 2024, up 26.1% from last year, and the median price per square foot was $207.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $339.5K$277.5K
-18.3%
2 $190K$269K
+41.6%
3 $285K$342.5K
+20.2%
4 $330K$400K
+21.2%
5+ $389K$440K
+13.1%

Summary: Allingtown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.3%, 2 bedroom homes increased by 41.6%, 3 bedroom homes increased by 20.2%, 4 bedroom homes increased by 21.2%, and 5+ bedroom homes increased by 13.1%.

Median Sold Price Compared To Nearby Neighborhoods

West River
+35.3%
Allingtown
+26.1%
West Haven Center
+16.1%
Westville
+10.6%
West Shore
+6.6%

Housing Supply in Allingtown, CT

How many homes are available in Allingtown, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2620-23.1%

Summary: The Allingtown real estate market had 20 homes for sale in November 2024, a 23.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 57
+40.0%
3 135
-61.5%
4 56
+20.0%
5+ 32
-33.3%

Summary: The Allingtown housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes decreased by 61.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
91-88.9%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Allingtown, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Allingtown in November 2024, down by 88.9% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Allingtown, CT

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Allingtown, CT

Nearby Markets to Allingtown, CT