Is Forest Heights / Post Road North, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Forest Heights / Post Road North is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Forest Heights / Post Road North was a Seller's Market.

Key Takeaway

Forest Heights / Post Road North is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Forest Heights / Post Road North, CT

How much do homes in Forest Heights / Post Road North, CT cost?

Median Sold Price

$385,000

$272/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$35,000(+10.0%)

Key Takeaway

Homes in Forest Heights / Post Road North have sold for 10% more than they did a year ago.

Summary: The median home sold price in Forest Heights / Post Road North was $385,000 in September 2024, up 10% from last year, and the median price per square foot was $272.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $220K$250K
+13.6%
2 $285K$199K
-30.2%
3 $489K$460K
-5.9%
4 $405K$557.5K
+37.7%
5+ $600K$825K
+37.5%

Summary: Forest Heights / Post Road North housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.6%, 2 bedroom homes decreased by 30.2%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 37.7%, and 5+ bedroom homes increased by 37.5%.

Median Sold Price Compared To Nearby Neighborhoods

Parkway / Wheelers Farm Road
+15.8%
Forest Heights / Post Road North
+10.0%
Morningside / Milford Lawns
+4.6%
Downtown / Harbor / Post Road South
+3.7%

Housing Supply in Forest Heights / Post Road North, CT

How many homes are available in Forest Heights / Post Road North, CT?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1224+100.0%

Summary: The Forest Heights / Post Road North real estate market had 24 homes for sale in September 2024, a 100.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 13
+200.0%
2 510
+100.0%
3 59
+80.0%
4 01
+100.0%
5+ 11
0.0%

Summary: The Forest Heights / Post Road North housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 80%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Forest Heights / Post Road North, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Forest Heights / Post Road North in September 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Forest Heights / Post Road North, 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 22 Days Ago

Newest Listings in Forest Heights / Post Road North, CT

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