$110,000
5.60 Acres
Land
Nathan Cholewa, Listing Office: Kazantzis Real Estate, LLC
Is Jewett City, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Jewett City was a Seller's Market.
Key Takeaway
Jewett City 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 Jewett City, CT
How much do homes in Jewett City, CT cost?
Median Sold Price
$305,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,000(+10.9%)
Key Takeaway
Homes in Jewett City have sold for 10.9% more than they did a year ago.
Summary: The median home sold price in Jewett City was $305,000 in October 2024, up 10.9% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $125K | 0.0% |
| 2 Bedrooms | $160.9K | $225K | +39.8% |
| 3 Bedrooms | $300K | $335K | +11.7% |
| 4 Bedrooms | $350K | $342.5K | -2.1% |
| 5+ Bedrooms | $285K | $340K | +19.3% |
Summary: Jewett City 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 increased by 39.8%, 3 bedroom homes increased by 11.7%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 19.3%.
Median Sold Price Compared To Nearby Cities
| Lisbon | $285K | $337.5K | +18.4% |
| Jewett City | $275K | $305K | +10.9% |
| Griswold | $275K | $295K | +7.3% |
Housing Supply in Jewett City, CT
How many homes are available in Jewett City, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 51 | 65 | +27.5% |
Summary: The Jewett City real estate market had 65 homes for sale in October 2024, a 27.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 7 | +16.7% |
| 2 Bedrooms | 12 | 15 | +25.0% |
| 3 Bedrooms | 22 | 32 | +45.5% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Jewett City housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 45.5%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jewett City, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Jewett City in October 2024, up by 11.1% month-over-month. Of the 10 sold homes, 30% were sold under asking, 20% were sold at asking, and 50% were sold over asking.
Days on Market for Jewett City, CT
We’re sorry, we don't have information for this market at the moment
Copyright © 2024 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.