$100,000
4.50 Acres
Land
Cheryl Mallick, Listing Office: Carey & Guarrera Real Estate
Is Killingly, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Killingly has remained a Seller's Market.
Key Takeaway
Killingly is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Killingly, CT
How much do homes in Killingly, CT cost?
Median Sold Price
$323,500
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$23,500(+7.8%)
Key Takeaway
Homes in Killingly have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in Killingly was $323,500 in October 2024, up 7.8% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | $210K | +40.0% |
| 2 Bedrooms | $246.2K | $255K | +3.6% |
| 3 Bedrooms | $312.5K | $350K | +12.0% |
| 4 Bedrooms | $325K | $364.2K | +12.1% |
| 5+ Bedrooms | $300K | $312.5K | +4.2% |
Summary: Killingly housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 40%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 4.2%.
Housing Supply in Killingly, CT
How many homes are available in Killingly, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 60 | 58 | -3.3% |
Summary: The Killingly real estate market had 58 homes for sale in October 2024, a 3.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 12 | 13 | +8.3% |
| 3 Bedrooms | 27 | 26 | -3.7% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The Killingly housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 8.3%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 14 | -36.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Killingly, you may be able to get a good deal. 35.7% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Killingly in October 2024, down by 36.4% month-over-month. Of the 14 sold homes, 36% were sold under asking, 29% were sold at asking, and 36% were sold over asking.
Days on Market for Killingly, CT
We’re sorry, we don't have information for this market at the moment
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