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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kent is a buyer's market

Buyer's
Market

Difference Since November 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

$309/sqft

Based on all homes sold in the last 12 months.

Difference Since November 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 November 2024, down 19.3% from last year, and the median price per square foot was $309.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $400K$231.2K
-42.2%
2 $310K$395K
+27.4%
3 $525K$455K
-13.3%
4 $850K$1.1M
+36.2%
5+ $1.3M-
N/A

Summary: Kent housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 42.2%, 2 bedroom homes increased by 27.4%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes increased by 36.2%, 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

Oct 2024Nov 2024CHANGE
1715-11.8%

Summary: The Kent real estate market had 15 homes for sale in November 2024, a 11.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 21
-50.0%
3 45
+25.0%
4 76
-14.3%
5+ 33
0.0%

Summary: The Kent 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 50%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kent, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Kent in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% 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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Kent, CT

Nearby Markets to Kent, CT

What housing markets are near Kent, CT?