$2,672 Closing Credit*
$225,000
1,140 SqFt
2 Beds
•1 Full Bath, 1 Partial
Judith Caputo, Listing Office: Advantage Realty Group, Inc.
Is Cheshire, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Cheshire has remained a Seller's Market.
Key Takeaway
Cheshire is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cheshire, CT
How much do homes in Cheshire, CT cost?
Median Sold Price
$460,000
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$31,116(+7.3%)
Key Takeaway
Homes in Cheshire have sold for 7.3% more than they did a year ago.
Summary: The median home sold price in Cheshire was $460,000 in November 2024, up 7.3% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $142.5K | $180.9K | +27.0% |
| 2 Bedrooms | $289.1K | $305K | +5.5% |
| 3 Bedrooms | $406K | $435K | +7.1% |
| 4 Bedrooms | $610K | $610K | 0.0% |
| 5+ Bedrooms | $575K | $577.9K | 0.5% |
Summary: Cheshire housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27%, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 7.1%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 0.5%.
Median Sold Price Compared To Nearby Cities
| Meriden | $255.2K | $296.5K | +16.2% |
| Wallingford | $325.1K | $360K | +10.7% |
| Plantsville | $340K | $375K | +10.3% |
| Prospect | $365K | $400K | +9.6% |
| Cheshire | $428.8K | $460K | +7.3% |
Housing Supply in Cheshire, CT
How many homes are available in Cheshire, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 102 | 86 | -15.7% |
Summary: The Cheshire real estate market had 86 homes for sale in November 2024, a 15.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 14 | 15 | +7.1% |
| 3 Bedrooms | 30 | 26 | -13.3% |
| 4 Bedrooms | 45 | 33 | -26.7% |
| 5+ Bedrooms | 11 | 10 | -9.1% |
Summary: The Cheshire housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.1%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 29 | 0.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cheshire, you could pay more than the asking price. 62.1% of homes here sold above asking price last month.
Summary: A total of 29 homes were sold or pending in Cheshire in November 2024, the same as the previous month. Of the 29 sold homes, 34% were sold under asking, 3% were sold at asking, and 62% were sold over asking.
Days on Market for Cheshire, CT
We’re sorry, we don't have information for this market at the moment
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