$1,799,900
30.87 Acres
Land
Steven Ferrigno, Listing Office: Ferrigno-Storrs, REALTORS LLC
Is Mansfield Center, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Mansfield Center has remained a Seller's Market.
Key Takeaway
Mansfield Center is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mansfield Center, CT
How much do homes in Mansfield Center, CT cost?
Median Sold Price
$307,500
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$7,500(+2.5%)
Key Takeaway
Homes in Mansfield Center have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Mansfield Center was $307,500 in November 2024, up 2.5% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $158.5K | $175K | +10.4% |
| 2 Bedrooms | $185.7K | $215K | +15.7% |
| 3 Bedrooms | $299K | $317.5K | +6.2% |
| 4 Bedrooms | $415K | $369K | -11.1% |
| 5+ Bedrooms | $365K | $435K | +19.2% |
Summary: Mansfield Center housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.4%, 2 bedroom homes increased by 15.7%, 3 bedroom homes increased by 6.2%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 19.2%.
Housing Supply in Mansfield Center, CT
How many homes are available in Mansfield Center, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 16 | +6.7% |
Summary: The Mansfield Center real estate market had 16 homes for sale in November 2024, a 6.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mansfield Center 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 remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mansfield Center, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Mansfield Center in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Mansfield Center, CT
We’re sorry, we don't have information for this market at the moment
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