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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ivoryton is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Ivoryton was a Neutral Market.

Key Takeaway

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

Housing Prices in Ivoryton, CT

How much do homes in Ivoryton, CT cost?

Median Sold Price

$500,500

$263/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$108,500(+27.7%)

Key Takeaway

Homes in Ivoryton have sold for 27.7% more than they did a year ago.

Summary: The median home sold price in Ivoryton was $500,500 in October 2024, up 27.7% from last year, and the median price per square foot was $263.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$338K
N/A
2 $345K$280K
-18.8%
3 $403K$501K
+24.3%
4 $450K$792.5K
+76.1%
5+ --
N/A

Summary: Ivoryton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.8%, 3 bedroom homes increased by 24.3%, 4 bedroom homes increased by 76.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Deep River
+34.5%
Ivoryton
+27.7%
Essex
+11.9%
Westbrook
0.0%

Housing Supply in Ivoryton, CT

How many homes are available in Ivoryton, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
59+80.0%

Summary: The Ivoryton real estate market had 9 homes for sale in October 2024, a 80.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 36
+100.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The Ivoryton 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
03+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ivoryton, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Ivoryton in October 2024, up by 100.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Ivoryton, 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 Ivoryton, CT

Nearby Markets to Ivoryton, CT

What housing markets are near Ivoryton, CT?