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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Canterbury is a seller's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Canterbury, CT

How much do homes in Canterbury, CT cost?

Median Sold Price

$365,500

$219/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$45,500(+14.2%)

Key Takeaway

Homes in Canterbury have sold for 14.2% more than they did a year ago.

Summary: The median home sold price in Canterbury was $365,500 in December 2024, up 14.2% from last year, and the median price per square foot was $219.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$225K
N/A
2 $265.2K$280K
+5.6%
3 $355K$392.4K
+10.5%
4 $400K$350K
-12.5%
5+ $340K-
N/A

Summary: Canterbury housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 10.5%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Canterbury
+14.2%
Scotland
+13.4%
Plainfield
+10.3%
Brooklyn
+6.9%

Housing Supply in Canterbury, CT

How many homes are available in Canterbury, CT?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1512-20.0%

Summary: The Canterbury real estate market had 12 homes for sale in December 2024, a 20.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 00
0.0%
3 88
0.0%
4 63
-50.0%
5+ 00
0.0%

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

Number of Homes Sold

Nov 2024Dec 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

3 Homes Were 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 Canterbury, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Canterbury in December 2024, up by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Canterbury, 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 4 Days Ago

Newest Listings in Canterbury, CT

Nearby Markets to Canterbury, CT

What housing markets are near Canterbury, CT?