$199,900
20.00 Acres
Land
Amy Rio, Listing Office: Executive Real Estate Inc.
Is Hebron, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Hebron has remained a Seller's Market.
Key Takeaway
Hebron is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hebron, CT
How much do homes in Hebron, CT cost?
Median Sold Price
$437,750
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$47,750(+12.2%)
Key Takeaway
Homes in Hebron have sold for 12.2% more than they did a year ago.
Summary: The median home sold price in Hebron was $437,750 in October 2024, up 12.2% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $232.5K | $275K | +18.3% |
| 2 Bedrooms | $305K | $318.7K | +4.5% |
| 3 Bedrooms | $365K | $429.9K | +17.8% |
| 4 Bedrooms | $464.9K | $517.1K | +11.2% |
| 5+ Bedrooms | $490K | $557K | +13.7% |
Summary: Hebron housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.3%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 17.8%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes increased by 13.7%.
Median Sold Price Compared To Nearby Cities
| Hebron | $390K | $437.7K | +12.2% |
| Colchester | $374.9K | $400K | +6.7% |
| Marlborough | $415.5K | $430K | +3.5% |
| Amston | $411.2K | $412.5K | 0.3% |
| Andover | $392.4K | $349K | -11.1% |
Housing Supply in Hebron, CT
How many homes are available in Hebron, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 40 | +11.1% |
Summary: The Hebron real estate market had 40 homes for sale in October 2024, a 11.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 20 | 20 | 0.0% |
| 4 Bedrooms | 7 | 11 | +57.1% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Hebron housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 57.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 11 | +266.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hebron, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Hebron in October 2024, up by 266.7% month-over-month. Of the 11 sold homes, 18% were sold under asking, 18% were sold at asking, and 64% were sold over asking.
Days on Market for Hebron, CT
We’re sorry, we don't have information for this market at the moment
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