Is Haddam, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Haddam is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Haddam, CT

How much do homes in Haddam, CT cost?

Median Sold Price

$435,000

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$23,000(+5.6%)

Key Takeaway

Homes in Haddam have sold for 5.6% more than they did a year ago.

Summary: The median home sold price in Haddam was $435,000 in October 2024, up 5.6% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $260K$275K
+5.8%
2 $213.5K$356.5K
+67.0%
3 $395K$425K
+7.6%
4 $550K$515K
-6.4%
5+ $515K$435K
-15.5%

Summary: Haddam housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.8%, 2 bedroom homes increased by 67%, 3 bedroom homes increased by 7.6%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes decreased by 15.5%.

Median Sold Price Compared To Nearby Cities

Haddam
+5.6%
Higganum
+4.8%
East Haddam
+4.8%
Chester
-2.5%

Housing Supply in Haddam, CT

How many homes are available in Haddam, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3231-3.1%

Summary: The Haddam real estate market had 31 homes for sale in October 2024, a 3.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 66
0.0%
3 1313
0.0%
4 98
-11.1%
5+ 23
+50.0%

Summary: The Haddam housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
810+25.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Haddam, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Haddam in October 2024, up by 25.0% month-over-month. Of the 10 sold homes, 50% were sold under asking, 10% were sold at asking, and 40% were sold over asking.

Days on Market for Haddam, 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 Haddam, CT

Nearby Markets to Haddam, CT

What housing markets are near Haddam, CT?