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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Haven is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in East Haven, CT

How much do homes in East Haven, CT cost?

Median Sold Price

$329,980

$223/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,480(+8.4%)

Key Takeaway

Homes in East Haven have sold for 8.4% more than they did a year ago.

Summary: The median home sold price in East Haven was $329,980 in October 2024, up 8.4% from last year, and the median price per square foot was $223.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $108.5K$90K
-17.1%
2 $241K$242.5K
+0.6%
3 $320.5K$351K
+9.5%
4 $347.5K$359K
+3.3%
5+ $374.5K$425K
+13.5%

Summary: East Haven housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.1%, 2 bedroom homes increased by 0.6%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 13.5%.

Median Sold Price Compared To Nearby Cities

New Haven
+12.2%
North Haven
+11.5%
North Branford
+10.8%
Branford
+10.0%
East Haven
+8.4%

Housing Supply in East Haven, CT

How many homes are available in East Haven, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
115114-0.9%

Summary: The East Haven real estate market had 114 homes for sale in October 2024, a 0.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 55
0.0%
2 3836
-5.3%
3 4347
+9.3%
4 2220
-9.1%
5+ 76
-14.3%

Summary: The East Haven housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 5.3%, 3 bedroom homes increased by 9.3%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2129+38.1%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Haven, expect to pay close to the asking price. 37.9% of homes here sold near the asking price last month.

Summary: A total of 29 homes were sold or pending in East Haven in October 2024, up by 38.1% month-over-month. Of the 29 sold homes, 24% were sold under asking, 38% were sold at asking, and 38% were sold over asking.

Days on Market for East Haven, 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 Haven, CT

Nearby Markets to East Haven, CT

What housing markets are near East Haven, CT?