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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bethany is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Bethany, CT

How much do homes in Bethany, CT cost?

Median Sold Price

$465,000

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$15,000(-3.1%)

Key Takeaway

Homes in Bethany have sold for 3.1% less than they did a year ago.

Summary: The median home sold price in Bethany was $465,000 in October 2024, down 3.1% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$295K
N/A
2 $340K$355K
+4.4%
3 $451K$422.5K
-6.3%
4 $553.5K$505K
-8.8%
5+ $790K$660K
-16.5%

Summary: Bethany housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.4%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes decreased by 16.5%.

Median Sold Price Compared To Nearby Cities

Beacon Falls
+11.1%
Seymour
+10.0%
Hamden
+8.6%
Woodbridge
-1.7%
Bethany
-3.1%

Housing Supply in Bethany, CT

How many homes are available in Bethany, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1520+33.3%

Summary: The Bethany real estate market had 20 homes for sale in October 2024, a 33.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 79
+28.6%
4 66
0.0%
5+ 13
+200.0%

Summary: The Bethany 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 100%, 3 bedroom homes increased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bethany, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Bethany in October 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Bethany, 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 Bethany, CT

Nearby Markets to Bethany, CT

What housing markets are near Bethany, CT?