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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Hampton is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, East Hampton was a Seller's Market.

Key Takeaway

East Hampton is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

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 November 2023

+$11,000(+3.2%)

Key Takeaway

Homes in East Hampton have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in East Hampton was $360,000 in November 2024, up 3.2% from last year, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $213K$205K
-3.8%
2 $222K$254K
+14.4%
3 $365K$370.5K
+1.5%
4 $425.5K$477.5K
+12.2%
5+ $499.9K$482.2K
-3.5%

Summary: East Hampton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.8%, 2 bedroom homes increased by 14.4%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes decreased by 3.5%.

Median Sold Price Compared To Nearby Cities

Portland
+20.0%
Moodus
+8.8%
East Hampton
+3.2%

Housing Supply in East Hampton, CT

How many homes are available in East Hampton, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5444-18.5%

Summary: The East Hampton real estate market had 44 homes for sale in November 2024, a 18.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 32
-33.3%
2 1111
0.0%
3 1715
-11.8%
4 1912
-36.8%
5+ 44
0.0%

Summary: The East Hampton 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 remained the same, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 36.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
127-41.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Hampton, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in East Hampton in November 2024, down by 41.7% month-over-month. Of the 7 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% 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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in East Hampton, CT

Nearby Markets to East Hampton, CT

What housing markets are near East Hampton, CT?