Is Boston Avenue / Mill Hill, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Boston Avenue / Mill Hill is a neutral's market

Buyer's
Market

Difference Since October 2023

Since last year, Boston Avenue / Mill Hill has remained a Neutral Market.

Key Takeaway

Boston Avenue / Mill Hill 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 Boston Avenue / Mill Hill, CT

How much do homes in Boston Avenue / Mill Hill, CT cost?

Median Sold Price

$300,000

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$40,050(+15.4%)

Key Takeaway

Homes in Boston Avenue / Mill Hill have sold for 15.4% more than they did a year ago.

Summary: The median home sold price in Boston Avenue / Mill Hill was $300,000 in October 2024, up 15.4% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $83K$36K
-56.6%
2 $180K$285K
+58.3%
3 $251K$280K
+11.6%
4 $265K$387.5K
+46.2%
5+ $360K$550K
+52.8%

Summary: Boston Avenue / Mill Hill housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 56.6%, 2 bedroom homes increased by 58.3%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 46.2%, and 5+ bedroom homes increased by 52.8%.

Median Sold Price Compared To Nearby Neighborhoods

Boston Avenue / Mill Hill
+15.4%
East Bridgeport
+11.9%
North Bridgeport
+8.3%

Housing Supply in Boston Avenue / Mill Hill, CT

How many homes are available in Boston Avenue / Mill Hill, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2824-14.3%

Summary: The Boston Avenue / Mill Hill real estate market had 24 homes for sale in October 2024, a 14.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 87
-12.5%
3 97
-22.2%
4 33
0.0%
5+ 66
0.0%

Summary: The Boston Avenue / Mill Hill housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Boston Avenue / Mill Hill, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Boston Avenue / Mill Hill in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.

Days on Market for Boston Avenue / Mill Hill, 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 22 Days Ago

Newest Listings in Boston Avenue / Mill Hill, CT

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