$5,926 Closing Credit*
$499,000
2,640 SqFt
3 Beds
•2 Full Baths, 1 Partial
Toni Soule, Listing Office: Bain Real Estate
Is Kent, 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, Kent was a Seller's Market.
Key Takeaway
Kent is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Kent, CT
How much do homes in Kent, CT cost?
Median Sold Price
$450,000
$316/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$107,500(-19.3%)
Key Takeaway
Homes in Kent have sold for 19.3% less than they did a year ago.
Summary: The median home sold price in Kent was $450,000 in October 2024, down 19.3% from last year, and the median price per square foot was $316.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $400K | $231.2K | -42.2% |
| 2 Bedrooms | $295K | $395K | +33.9% |
| 3 Bedrooms | $525K | $455K | -13.3% |
| 4 Bedrooms | $759.5K | $1.1M | +55.4% |
| 5+ Bedrooms | $1.3M | - | N/A |
Summary: Kent housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 42.2%, 2 bedroom homes increased by 33.9%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes increased by 55.4%, and 5+ bedroom homes did not change.
Housing Supply in Kent, CT
How many homes are available in Kent, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 20 | +5.3% |
Summary: The Kent real estate market had 20 homes for sale in October 2024, a 5.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Kent 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 33.3%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kent, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Kent in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Kent, CT
We’re sorry, we don't have information for this market at the moment
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