$5,047 Closing Credit*
$425,000
1,296 SqFt
4 Beds
•2 Full Baths
Brian Connolly, Listing Office: Real Broker CT, 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 November 2023
At the same time last year, Jewett City was a Buyer's Market.
Key Takeaway
Jewett City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jewett City, CT
How much do homes in Jewett City, CT cost?
Median Sold Price
$317,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$32,000(+11.2%)
Key Takeaway
Homes in Jewett City have sold for 11.2% more than they did a year ago.
Summary: The median home sold price in Jewett City was $317,000 in November 2024, up 11.2% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $135K | +8.0% |
| 2 Bedrooms | $152K | $235K | +54.6% |
| 3 Bedrooms | $310K | $340K | +9.7% |
| 4 Bedrooms | $350K | $338.5K | -3.3% |
| 5+ Bedrooms | $350K | $320K | -8.6% |
Summary: Jewett City housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8%, 2 bedroom homes increased by 54.6%, 3 bedroom homes increased by 9.7%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes decreased by 8.6%.
Median Sold Price Compared To Nearby Cities
| Lisbon | $285K | $336K | +17.9% |
| Jewett City | $285K | $317K | +11.2% |
| Griswold | $282.5K | $300K | +6.2% |
Housing Supply in Jewett City, CT
How many homes are available in Jewett City, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 62 | 65 | +4.8% |
Summary: The Jewett City real estate market had 65 homes for sale in November 2024, a 4.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 6 | -14.3% |
| 2 Bedrooms | 16 | 14 | -12.5% |
| 3 Bedrooms | 31 | 35 | +12.9% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Jewett City housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 18 | +63.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jewett City, you could pay more than the asking price. 77.8% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in Jewett City in November 2024, up by 63.6% month-over-month. Of the 18 sold homes, 11% were sold under asking, 11% were sold at asking, and 78% 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
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