$4,275 Closing Credit*
$360,000
2,290 SqFt
6 Beds
•3 Full Baths
Juan Osorio-Ramirez, Listing Office: Alpha Capital Realty, LLC
Is Fair Haven, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Fair Haven was a Neutral Market.
Key Takeaway
Fair Haven is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Fair Haven, CT
How much do homes in Fair Haven, CT cost?
Median Sold Price
$345,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$65,000(+23.2%)
Key Takeaway
Homes in Fair Haven have sold for 23.2% more than they did a year ago.
Summary: The median home sold price in Fair Haven was $345,000 in November 2024, up 23.2% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $147K | -5.2% |
| 2 Bedrooms | $146.5K | $171K | +16.7% |
| 3 Bedrooms | $245K | $305K | +24.5% |
| 4 Bedrooms | $300K | $276K | -8.0% |
| 5+ Bedrooms | $330K | $380K | +15.2% |
Summary: Fair Haven housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.2%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 24.5%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes increased by 15.2%.
Housing Supply in Fair Haven, CT
How many homes are available in Fair Haven, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 38 | 0.0% |
Summary: The Fair Haven real estate market had 38 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 24 | 25 | +4.2% |
Summary: The Fair Haven housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 4.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fair Haven, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Fair Haven in November 2024, down by 28.6% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Fair Haven, CT
We’re sorry, we don't have information for this market at the moment
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