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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bethel is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Bethel, CT

How much do homes in Bethel, CT cost?

Median Sold Price

$499,950

$258/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$34,950(+7.5%)

Key Takeaway

Homes in Bethel have sold for 7.5% more than they did a year ago.

Summary: The median home sold price in Bethel was $499,950 in November 2024, up 7.5% from last year, and the median price per square foot was $258.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $225K$247.5K
+10.0%
2 $360.9K$395.7K
+9.7%
3 $447.5K$480.3K
+7.3%
4 $562.5K$629.5K
+11.9%
5+ $651.3K$671.7K
+3.1%

Summary: Bethel housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 3.1%.

Median Sold Price Compared To Nearby Cities

Brookfield
+16.0%
Redding
+10.1%
Bethel
+7.5%
Danbury
+4.4%

Housing Supply in Bethel, CT

How many homes are available in Bethel, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7862-20.5%

Summary: The Bethel real estate market had 62 homes for sale in November 2024, a 20.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1410
-28.6%
3 3631
-13.9%
4 2316
-30.4%
5+ 55
0.0%

Summary: The Bethel 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 decreased by 28.6%, 3 bedroom homes decreased by 13.9%, 4 bedroom homes decreased by 30.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2313-43.5%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bethel, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Bethel in November 2024, down by 43.5% month-over-month. Of the 13 sold homes, 46% were sold under asking, 8% were sold at asking, and 46% were sold over asking.

Days on Market for Bethel, 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 Bethel, CT

Nearby Markets to Bethel, CT

What housing markets are near Bethel, CT?