$1,900 Closing Credit*
$160,000
1,235 SqFt
2 Beds
•2 Full Baths
Tatiana&Bill Geist, Listing Office: Berkshire Hathaway NE Prop.
Is Asylum Hill, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Asylum Hill has remained a Seller's Market.
Key Takeaway
Asylum Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Asylum Hill, CT
How much do homes in Asylum Hill, CT cost?
Median Sold Price
$109,000
$114/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$1,000(-0.9%)
Key Takeaway
Homes in Asylum Hill have sold for 0.9% less than they did a year ago.
Summary: The median home sold price in Asylum Hill was $109,000 in November 2024, down 0.9% from last year, and the median price per square foot was $114.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $87.5K | $80K | -8.6% |
| 2 Bedrooms | $115K | $122.5K | +6.5% |
| 3 Bedrooms | $273.5K | $174.9K | -36.0% |
| 4 Bedrooms | $210K | $160.5K | -23.6% |
| 5+ Bedrooms | $292.5K | $326.5K | +11.6% |
Summary: Asylum Hill housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.6%, 2 bedroom homes increased by 6.5%, 3 bedroom homes decreased by 36%, 4 bedroom homes decreased by 23.6%, and 5+ bedroom homes increased by 11.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Frog Hollow | $327.5K | $402.5K | +22.9% |
| Upper Albany | $270K | $330K | +22.2% |
| West End | $425K | $425K | 0.0% |
| Asylum Hill | $110K | $109K | -0.9% |
Housing Supply in Asylum Hill, CT
How many homes are available in Asylum Hill, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 13 | -18.8% |
Summary: The Asylum Hill real estate market had 13 homes for sale in November 2024, a 18.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 5 | -37.5% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Asylum Hill housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 37.5%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Asylum Hill, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Asylum Hill in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Asylum Hill, CT
We’re sorry, we don't have information for this market at the moment
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