Is East Haddam, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Haddam is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in East Haddam, CT

How much do homes in East Haddam, CT cost?

Median Sold Price

$385,000

$231/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$17,949(+4.9%)

Key Takeaway

Homes in East Haddam have sold for 4.9% more than they did a year ago.

Summary: The median home sold price in East Haddam was $385,000 in November 2024, up 4.9% from last year, and the median price per square foot was $231.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $145K$167.5K
+15.5%
2 $272K$285K
+4.8%
3 $392.5K$453K
+15.4%
4 $510K$450K
-11.8%
5+ $230K$697K
+203.0%

Summary: East Haddam housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.5%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 15.4%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes increased by 203%.

Median Sold Price Compared To Nearby Cities

Moodus
+8.8%
Haddam
+6.7%
East Haddam
+4.9%
Colchester
+3.6%
East Hampton
+3.2%

Housing Supply in East Haddam, CT

How many homes are available in East Haddam, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4543-4.4%

Summary: The East Haddam real estate market had 43 homes for sale in November 2024, a 4.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 32
-33.3%
2 129
-25.0%
3 1923
+21.1%
4 98
-11.1%
5+ 21
-50.0%

Summary: The East Haddam housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 21.1%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
109-10.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Haddam, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in East Haddam in November 2024, down by 10.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% were sold over asking.

Days on Market for East Haddam, 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 17 Days Ago

Newest Listings in East Haddam, CT

Nearby Markets to East Haddam, CT

What housing markets are near East Haddam, CT?