$4,596 Closing Credit*
$387,000
1,612 SqFt
2 Beds
•2 Full Baths
Victoria Tuttle, Listing Office: William Raveis Real Estate
Is Ellington, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Ellington was a Neutral Market.
Key Takeaway
Ellington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ellington, CT
How much do homes in Ellington, CT cost?
Median Sold Price
$395,000
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,500(+3.8%)
Key Takeaway
Homes in Ellington have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in Ellington was $395,000 in October 2024, up 3.8% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $170K | $212.3K | +24.9% |
| 2 Bedrooms | $270K | $260K | -3.7% |
| 3 Bedrooms | $385.5K | $400K | +3.8% |
| 4 Bedrooms | $502.4K | $480K | -4.5% |
| 5+ Bedrooms | $425K | $496.5K | +16.8% |
Summary: Ellington housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.9%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 16.8%.
Median Sold Price Compared To Nearby Cities
| Tolland | $350K | $420K | +20.0% |
| Vernon | $266K | $295K | +10.9% |
| Vernon Rockville | $268K | $295K | +10.1% |
| Somers | $394.6K | $425.5K | +7.8% |
| Ellington | $380.5K | $395K | +3.8% |
Housing Supply in Ellington, CT
How many homes are available in Ellington, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 47 | 47 | 0.0% |
Summary: The Ellington real estate market had 47 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 24 | 30 | +25.0% |
| 4 Bedrooms | 16 | 9 | -43.8% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Ellington housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 43.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 16 | +14.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ellington, you could pay more than the asking price. 56.3% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in Ellington in October 2024, up by 14.3% month-over-month. Of the 16 sold homes, 38% were sold under asking, 6% were sold at asking, and 56% were sold over asking.
Days on Market for Ellington, CT
We’re sorry, we don't have information for this market at the moment
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