$3,086 Closing Credit*
$259,900
1,338 SqFt
2 Beds
•1 Full Bath
Heather Gagnon, Listing Office: William Raveis Real Estate
Is East Hampton, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, East Hampton has remained a Seller's Market.
Key Takeaway
East Hampton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Hampton, CT
How much do homes in East Hampton, CT cost?
Median Sold Price
$360,000
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,000(+4.0%)
Key Takeaway
Homes in East Hampton have sold for 4% more than they did a year ago.
Summary: The median home sold price in East Hampton was $360,000 in October 2024, up 4% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | $205K | +5.1% |
| 2 Bedrooms | $226K | $248.5K | +10.0% |
| 3 Bedrooms | $357K | $370.5K | +3.8% |
| 4 Bedrooms | $430K | $463.4K | +7.8% |
| 5+ Bedrooms | $499.9K | $505K | +1.0% |
Summary: East Hampton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.1%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 1%.
Median Sold Price Compared To Nearby Cities
| Portland | $300K | $365K | +21.7% |
| East Hampton | $346K | $360K | +4.0% |
Housing Supply in East Hampton, CT
How many homes are available in East Hampton, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 48 | 52 | +8.3% |
Summary: The East Hampton real estate market had 52 homes for sale in October 2024, a 8.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 2 | -50.0% |
| 2 Bedrooms | 4 | 11 | +175.0% |
| 3 Bedrooms | 22 | 18 | -18.2% |
| 4 Bedrooms | 17 | 17 | 0.0% |
| 5+ Bedrooms | 1 | 4 | +300.0% |
Summary: The East Hampton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 175%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 300%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 10 | -23.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Hampton, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in East Hampton in October 2024, down by 23.1% month-over-month. Of the 10 sold homes, 10% were sold under asking, 10% were sold at asking, and 80% were sold over asking.
Days on Market for East Hampton, CT
We’re sorry, we don't have information for this market at the moment
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