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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bantam is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Bantam was a Seller's Market.

Key Takeaway

Bantam is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Bantam, CT

How much do homes in Bantam, CT cost?

Median Sold Price

$495,000

$396/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$460,000(+1314.3%)

Key Takeaway

Homes in Bantam have sold for 1314.3% more than they did a month ago.

Summary: The median home sold price in Bantam was $495,000 in October 2024, up 1314.3% from last month, and the median price per square foot was $396.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $35K-
N/A
2 --
N/A
3 -$495K
N/A
4 --
N/A
5+ --
N/A

Summary: Bantam housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Bantam, CT

How many homes are available in Bantam, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
57+40.0%

Summary: The Bantam real estate market had 7 homes for sale in October 2024, a 40.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 00
0.0%
3 24
+100.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The Bantam housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bantam, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Bantam in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Bantam, 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 Bantam, CT

Nearby Markets to Bantam, CT