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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hebron is a seller's market

Buyer's
Market

Difference Since November 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

$432,500

$218/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$28,250(+7.0%)

Key Takeaway

Homes in Hebron have sold for 7% more than they did a year ago.

Summary: The median home sold price in Hebron was $432,500 in November 2024, up 7% from last year, and the median price per square foot was $218.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $232.5K$275K
+18.3%
2 $240K$318.7K
+32.8%
3 $395K$398.5K
+0.9%
4 $462.4K$525K
+13.5%
5+ $490K$557K
+13.7%

Summary: Hebron housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.3%, 2 bedroom homes increased by 32.8%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes increased by 13.7%.

Median Sold Price Compared To Nearby Cities

Marlborough
+11.0%
Hebron
+7.0%
Colchester
+3.6%
Amston
-5.3%

Housing Supply in Hebron, CT

How many homes are available in Hebron, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4132-22.0%

Summary: The Hebron real estate market had 32 homes for sale in November 2024, a 22.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 20
-100.0%
2 53
-40.0%
3 2117
-19.0%
4 1111
0.0%
5+ 21
-50.0%

Summary: The Hebron housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 19%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1115+36.4%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hebron, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 15 homes were sold or pending in Hebron in November 2024, up by 36.4% month-over-month. Of the 15 sold homes, 27% were sold under asking, 13% were sold at asking, and 60% were sold over asking.

Days on Market for Hebron, 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 17 Days Ago

Newest Listings in Hebron, CT

Nearby Markets to Hebron, CT

What housing markets are near Hebron, CT?