Is Black Rock, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Black Rock is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Black Rock, CT

How much do homes in Black Rock, CT cost?

Median Sold Price

$375,915

$265/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$35,915(+10.6%)

Key Takeaway

Homes in Black Rock have sold for 10.6% more than they did a year ago.

Summary: The median home sold price in Black Rock was $375,915 in October 2024, up 10.6% from last year, and the median price per square foot was $265.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $158.5K$205K
+29.3%
2 $280K$307K
+9.6%
3 $411K$475K
+15.6%
4 $402.5K$500K
+24.2%
5+ $490K$707.5K
+44.4%

Summary: Black Rock housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.3%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 24.2%, and 5+ bedroom homes increased by 44.4%.

Median Sold Price Compared To Nearby Neighborhoods

West End / West Side
+15.1%
West Bridgeport
+13.3%
Black Rock
+10.6%

Housing Supply in Black Rock, CT

How many homes are available in Black Rock, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2924-17.2%

Summary: The Black Rock real estate market had 24 homes for sale in October 2024, a 17.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 85
-37.5%
2 86
-25.0%
3 65
-16.7%
4 33
0.0%
5+ 45
+25.0%

Summary: The Black Rock housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 37.5%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
115-54.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Black Rock, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Black Rock in October 2024, down by 54.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for Black Rock, 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 Black Rock, CT

Nearby Markets to Black Rock, CT