$3,622 Closing Credit*
$305,000
1,658 SqFt
3 Beds
•2 Full Baths
Cheri Trudon, Listing Office: ERA Blanchard & Rossetto
Is Coventry, 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, Coventry has remained a Seller's Market.
Key Takeaway
Coventry is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Coventry, CT
How much do homes in Coventry, CT cost?
Median Sold Price
$359,000
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$34,000(+10.5%)
Key Takeaway
Homes in Coventry have sold for 10.5% more than they did a year ago.
Summary: The median home sold price in Coventry was $359,000 in November 2024, up 10.5% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $234.2K | $235K | 0.3% |
| 2 Bedrooms | $226K | $248.7K | +10.1% |
| 3 Bedrooms | $332.5K | $389K | +17.0% |
| 4 Bedrooms | $505K | $421K | -16.6% |
| 5+ Bedrooms | $463.7K | $475K | +2.4% |
Summary: Coventry housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.3%, 2 bedroom homes increased by 10.1%, 3 bedroom homes increased by 17%, 4 bedroom homes decreased by 16.6%, and 5+ bedroom homes increased by 2.4%.
Median Sold Price Compared To Nearby Cities
| Coventry | $325K | $359K | +10.5% |
| Mansfield | $308K | $325K | +5.5% |
| Storrs Mansfield | $329.9K | $340K | +3.1% |
| Columbia | $435K | $390K | -10.3% |
Housing Supply in Coventry, CT
How many homes are available in Coventry, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 48 | 40 | -16.7% |
Summary: The Coventry real estate market had 40 homes for sale in November 2024, a 16.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 26 | 18 | -30.8% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Coventry housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 30.8%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 10 | -28.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Coventry, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Coventry in November 2024, down by 28.6% month-over-month. Of the 10 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for Coventry, CT
We’re sorry, we don't have information for this market at the moment
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