Is Litchfield County, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Litchfield County is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Litchfield County has remained a Seller's Market.

Key Takeaway

Litchfield County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Litchfield County, CT

How much do homes in Litchfield County, CT cost?

Median Sold Price

$358,184

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$33,447(+10.3%)

Key Takeaway

Homes in Litchfield County have sold for 10.3% more than they did a year ago.

Summary: The median home sold price in Litchfield County was $358,184 in November 2024, up 10.3% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $171K$163.5K
-4.4%
2 $241.1K$261.3K
+8.4%
3 $328.1K$364.9K
+11.2%
4 $474.9K$505K
+6.3%
5+ $375K$415K
+10.7%

Summary: Litchfield County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.4%, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 10.7%.

Median Sold Price Compared To Nearby Counties

New Haven County
+11.7%
Hartford County
+11.1%
Litchfield County
+10.3%
Fairfield County
+8.5%
Dutchess County
+7.7%

Housing Supply in Litchfield County, CT

How many homes are available in Litchfield County, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
987920-6.8%

Summary: The Litchfield County real estate market had 920 homes for sale in November 2024, a 6.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 2323
0.0%
2 168161
-4.2%
3 404356
-11.9%
4 265259
-2.3%
5+ 127121
-4.7%

Summary: The Litchfield County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 4.2%, 3 bedroom homes decreased by 11.9%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 4.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
202204+1.0%

Asking Price vs. Sold Price

84 Homes Were Sold
Under Asking

33 Homes Were Sold
At Asking

87 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Litchfield County, you could pay more than the asking price. 42.6% of homes here sold above asking price last month.

Summary: A total of 204 homes were sold or pending in Litchfield County in November 2024, up by 1.0% month-over-month. Of the 204 sold homes, 41% were sold under asking, 16% were sold at asking, and 43% were sold over asking.

Days on Market for Litchfield County, 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 21 Days Ago

Newest Listings in Litchfield County, CT

Nearby Markets to Litchfield County, CT

What housing markets are near Litchfield County, CT?