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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Haddam is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Haddam was a Seller's Market.

Key Takeaway

Haddam is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Haddam, CT

How much do homes in Haddam, CT cost?

Median Sold Price

$435,000

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$27,500(+6.7%)

Key Takeaway

Homes in Haddam have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in Haddam was $435,000 in November 2024, up 6.7% from last year, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $267.5K$301K
+12.5%
2 $212K$395K
+86.3%
3 $395K$425K
+7.6%
4 $550K$505K
-8.2%
5+ $519.5K$478K
-8.0%

Summary: Haddam housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 86.3%, 3 bedroom homes increased by 7.6%, 4 bedroom homes decreased by 8.2%, and 5+ bedroom homes decreased by 8%.

Median Sold Price Compared To Nearby Cities

Higganum
+8.8%
Moodus
+8.8%
Haddam
+6.7%
East Haddam
+4.9%
Chester
-7.9%

Housing Supply in Haddam, CT

How many homes are available in Haddam, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3230-6.3%

Summary: The Haddam real estate market had 30 homes for sale in November 2024, a 6.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 78
+14.3%
3 139
-30.8%
4 710
+42.9%
5+ 32
-33.3%

Summary: The Haddam housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 30.8%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
115-54.5%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Haddam, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Haddam in November 2024, down by 54.5% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% 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 21 Days Ago

Newest Listings in Haddam, CT

Nearby Markets to Haddam, CT

What housing markets are near Haddam, CT?