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 November 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

$370,000

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$55,000(+17.5%)

Key Takeaway

Homes in Canterbury have sold for 17.5% more than they did a year ago.

Summary: The median home sold price in Canterbury was $370,000 in November 2024, up 17.5% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$210K
N/A
2 $245.3K$290K
+18.2%
3 $345K$420K
+21.7%
4 $400K$350K
-12.5%
5+ $340K-
N/A

Summary: Canterbury housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 21.7%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Baltic
+25.2%
Canterbury
+17.5%
Brooklyn
+9.5%
Plainfield
+5.1%

Housing Supply in Canterbury, CT

How many homes are available in Canterbury, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
12120.0%

Summary: The Canterbury real estate market had 12 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 10
-100.0%
3 66
0.0%
4 55
0.0%
5+ 00
0.0%

Summary: The Canterbury housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 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 4 homes were sold or pending in Canterbury in November 2024, up by 33.3% month-over-month. Of the 4 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 2 Days Ago

Newest Listings in Canterbury, CT

Nearby Markets to Canterbury, CT

What housing markets are near Canterbury, CT?