$4,738 Closing Credit*
$399,000
2,740 SqFt
5 Beds
•2 Full Baths
Claudia O'connell, Listing Office: William Raveis Real Estate
Is Middlefield, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Middlefield was a Seller's Market.
Key Takeaway
Middlefield is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Middlefield, CT
How much do homes in Middlefield, CT cost?
Median Sold Price
$380,000
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$47,500(+14.3%)
Key Takeaway
Homes in Middlefield have sold for 14.3% more than they did a year ago.
Summary: The median home sold price in Middlefield was $380,000 in November 2024, up 14.3% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195.5K | - | N/A |
| 2 Bedrooms | $273.5K | $327.5K | +19.7% |
| 3 Bedrooms | $349K | $370K | +6.0% |
| 4 Bedrooms | $500K | $545K | +9.0% |
| 5+ Bedrooms | $295K | $395K | +33.9% |
Summary: Middlefield 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 19.7%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 33.9%.
Median Sold Price Compared To Nearby Cities
| Middlefield | $332.5K | $380K | +14.3% |
| Middletown | $276.3K | $310.5K | +12.4% |
| Wallingford | $325.1K | $360K | +10.7% |
| Durham | $420K | $445K | +6.0% |
Housing Supply in Middlefield, CT
How many homes are available in Middlefield, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 14 | -12.5% |
Summary: The Middlefield real estate market had 14 homes for sale in November 2024, a 12.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Middlefield housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 66.7%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Middlefield, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Middlefield in November 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Middlefield, CT
We’re sorry, we don't have information for this market at the moment
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