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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Middlebury is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Middlebury was a Buyer's Market.

Key Takeaway

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

Housing Prices in Middlebury, CT

How much do homes in Middlebury, CT cost?

Median Sold Price

$567,450

$238/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$142,450(+33.5%)

Key Takeaway

Homes in Middlebury have sold for 33.5% more than they did a year ago.

Summary: The median home sold price in Middlebury was $567,450 in November 2024, up 33.5% from last year, and the median price per square foot was $238.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $300K$531.5K
+77.2%
3 $420K$525K
+25.0%
4 $585K$660K
+12.8%
5+ $620K$763.6K
+23.2%

Summary: Middlebury housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 77.2%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 23.2%.

Median Sold Price Compared To Nearby Cities

Middlebury
+33.5%
Woodbury
+24.7%
Southbury
+15.5%
Naugatuck
+3.3%
Oxford
+1.9%

Housing Supply in Middlebury, CT

How many homes are available in Middlebury, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5149-3.9%

Summary: The Middlebury real estate market had 49 homes for sale in November 2024, a 3.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1611
-31.3%
3 1318
+38.5%
4 2017
-15.0%
5+ 23
+50.0%

Summary: The Middlebury 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 31.3%, 3 bedroom homes increased by 38.5%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
812+50.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Middlebury, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Middlebury in November 2024, up by 50.0% month-over-month. Of the 12 sold homes, 50% were sold under asking, 8% were sold at asking, and 42% were sold over asking.

Days on Market for Middlebury, 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 2 Days Ago

Newest Listings in Middlebury, CT

Nearby Markets to Middlebury, CT

What housing markets are near Middlebury, CT?