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 seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Forest Heights / Post Road North has remained a Seller's Market.

Key Takeaway

Forest Heights / Post Road North is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Forest Heights / Post Road North, CT

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

Median Sold Price

$383,000

$291/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$28,000(+7.9%)

Key Takeaway

Homes in Forest Heights / Post Road North have sold for 7.9% more than they did a year ago.

Summary: The median home sold price in Forest Heights / Post Road North was $383,000 in November 2024, up 7.9% from last year, and the median price per square foot was $291.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $218K$275K
+26.1%
2 $202.5K$295K
+45.7%
3 $445K$475K
+6.7%
4 $489.9K$657.5K
+34.2%
5+ $585K$846.2K
+44.7%

Summary: Forest Heights / Post Road North housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.1%, 2 bedroom homes increased by 45.7%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 34.2%, and 5+ bedroom homes increased by 44.7%.

Median Sold Price Compared To Nearby Neighborhoods

Parkway / Wheelers Farm Road
+13.8%
Forest Heights / Post Road North
+7.9%
Downtown / Harbor / Post Road South
+4.8%
Morningside / Milford Lawns
+4.4%

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

Oct 2024Nov 2024CHANGE
2721-22.2%

Summary: The Forest Heights / Post Road North real estate market had 21 homes for sale in November 2024, a 22.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 43
-25.0%
2 1210
-16.7%
3 85
-37.5%
4 33
0.0%
5+ 00
0.0%

Summary: The Forest Heights / Post Road North housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
48+100.0%

Asking Price vs. Sold Price

3 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 Forest Heights / Post Road North, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in Forest Heights / Post Road North in November 2024, up by 100.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 0% were sold at asking, and 63% 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 21 Days Ago

Newest Listings in Forest Heights / Post Road North, CT

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