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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chaplin is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Chaplin has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Chaplin, CT

How much do homes in Chaplin, CT cost?

Median Sold Price

$335,000

$269/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$98,500(-22.7%)

Key Takeaway

Homes in Chaplin have sold for 22.7% less than they did a month ago.

Summary: The median home sold price in Chaplin was $335,000 in October 2024, down 22.7% from last month, and the median price per square foot was $269.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $392K$335.2K
-14.5%
4 -$335K
N/A
5+ $475K-
N/A

Summary: Chaplin housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 14.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Chaplin, CT

How many homes are available in Chaplin, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
85-37.5%

Summary: The Chaplin real estate market had 5 homes for sale in October 2024, a 37.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 32
-33.3%
4 22
0.0%
5+ 21
-50.0%

Summary: The Chaplin housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

0 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 Chaplin, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Chaplin in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Chaplin, 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 Chaplin, CT

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