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 December 2023

At the same time last year, Middlebury was a Neutral 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

$562,500

$236/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$105,500(+23.1%)

Key Takeaway

Homes in Middlebury have sold for 23.1% more than they did a year ago.

Summary: The median home sold price in Middlebury was $562,500 in December 2024, up 23.1% from last year, and the median price per square foot was $236.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $315K$507.5K
+61.1%
3 $432.5K$525K
+21.4%
4 $625K$660K
+5.6%
5+ $515K$675K
+31.1%

Summary: Middlebury housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 61.1%, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 31.1%.

Median Sold Price Compared To Nearby Cities

Woodbury
+26.2%
Middlebury
+23.1%
Southbury
+15.1%
Naugatuck
+6.7%
Oxford
+2.8%

Housing Supply in Middlebury, CT

How many homes are available in Middlebury, CT?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
5044-12.0%

Summary: The Middlebury real estate market had 44 homes for sale in December 2024, a 12.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 1512
-20.0%
3 1716
-5.9%
4 1614
-12.5%
5+ 22
0.0%

Summary: The Middlebury housing inventory by bedroom type for December 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 5.9%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
139-30.8%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 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. 44.4% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Middlebury in December 2024, down by 30.8% month-over-month. Of the 9 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% 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 4 Days Ago

Newest Listings in Middlebury, CT

Nearby Markets to Middlebury, CT

What housing markets are near Middlebury, CT?