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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Baltic is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Baltic has remained a Seller's Market.

Key Takeaway

Baltic is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Baltic, CT

How much do homes in Baltic, CT cost?

Median Sold Price

$332,500

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$73,000(+28.1%)

Key Takeaway

Homes in Baltic have sold for 28.1% more than they did a year ago.

Summary: The median home sold price in Baltic was $332,500 in October 2024, up 28.1% from last year, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $221.3K$98K
-55.7%
2 $160K$229.9K
+43.7%
3 $297K$240K
-19.2%
4 $310K$502K
+61.9%
5+ $228K$365K
+60.1%

Summary: Baltic housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 55.7%, 2 bedroom homes increased by 43.7%, 3 bedroom homes decreased by 19.2%, 4 bedroom homes increased by 61.9%, and 5+ bedroom homes increased by 60.1%.

Median Sold Price Compared To Nearby Cities

Baltic
+28.1%
Lisbon
+18.4%

Housing Supply in Baltic, CT

How many homes are available in Baltic, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1110-9.1%

Summary: The Baltic real estate market had 10 homes for sale in October 2024, a 9.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 55
0.0%
4 12
+100.0%
5+ 53
-40.0%

Summary: The Baltic 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Baltic, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Baltic in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Baltic, 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 16 Days Ago

Newest Listings in Baltic, CT

Nearby Markets to Baltic, CT

What housing markets are near Baltic, CT?