$4,809 Closing Credit*
$405,000
1,469 SqFt
5 Beds
•1 Full Bath
Donald Boushee, Listing Office: William Pitt Sotheby's Int'l
Is Ledyard, 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, Ledyard has remained a Seller's Market.
Key Takeaway
Ledyard is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ledyard, CT
How much do homes in Ledyard, CT cost?
Median Sold Price
$380,000
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$49,666(+15.0%)
Key Takeaway
Homes in Ledyard have sold for 15% more than they did a year ago.
Summary: The median home sold price in Ledyard was $380,000 in October 2024, up 15% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $107K | $249K | +132.7% |
| 2 Bedrooms | $154.3K | $194.9K | +26.3% |
| 3 Bedrooms | $320K | $373K | +16.6% |
| 4 Bedrooms | $407.5K | $440K | +8.0% |
| 5+ Bedrooms | $400K | $447.5K | +11.9% |
Summary: Ledyard housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 132.7%, 2 bedroom homes increased by 26.3%, 3 bedroom homes increased by 16.6%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 11.9%.
Median Sold Price Compared To Nearby Cities
| Gales Ferry | $325K | $390K | +20.0% |
| Ledyard | $330.3K | $380K | +15.0% |
| Mystic | $487.5K | $500K | +2.6% |
| Preston | $351K | $355K | +1.1% |
Housing Supply in Ledyard, CT
How many homes are available in Ledyard, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 62 | 57 | -8.1% |
Summary: The Ledyard real estate market had 57 homes for sale in October 2024, a 8.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 32 | 30 | -6.3% |
| 4 Bedrooms | 20 | 20 | 0.0% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Ledyard 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 20%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 17 | +6.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ledyard, you could pay more than the asking price. 47.1% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in Ledyard in October 2024, up by 6.3% month-over-month. Of the 17 sold homes, 41% were sold under asking, 12% were sold at asking, and 47% were sold over asking.
Days on Market for Ledyard, 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.