$2,731 Closing Credit*
$230,000
1,170 SqFt
3 Beds
•2 Full Baths
Danielle Turrell, Listing Office: eXp Realty
Is Montville, 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, Montville has remained a Seller's Market.
Key Takeaway
Montville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Montville, CT
How much do homes in Montville, CT cost?
Median Sold Price
$330,000
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$50,000(+17.9%)
Key Takeaway
Homes in Montville have sold for 17.9% more than they did a year ago.
Summary: The median home sold price in Montville was $330,000 in November 2024, up 17.9% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $183.5K | $107.5K | -41.4% |
| 2 Bedrooms | $213K | $225K | +5.6% |
| 3 Bedrooms | $286K | $332K | +16.1% |
| 4 Bedrooms | $335K | $365K | +9.0% |
| 5+ Bedrooms | $305K | $366K | +20.0% |
Summary: Montville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.4%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 16.1%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 20%.
Median Sold Price Compared To Nearby Cities
| Bozrah | $300K | $412K | +37.3% |
| Oakdale | $298K | $360K | +20.8% |
| Uncasville | $267.5K | $320K | +19.6% |
| Montville | $280K | $330K | +17.9% |
| Norwich | $230K | $255.1K | +10.9% |
Housing Supply in Montville, CT
How many homes are available in Montville, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 70 | 61 | -12.9% |
Summary: The Montville real estate market had 61 homes for sale in November 2024, a 12.9% decrease 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 | 12 | 11 | -8.3% |
| 3 Bedrooms | 35 | 26 | -25.7% |
| 4 Bedrooms | 17 | 19 | +11.8% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Montville 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 8.3%, 3 bedroom homes decreased by 25.7%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 18 | +5.9% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Montville, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in Montville in November 2024, up by 5.9% month-over-month. Of the 18 sold homes, 28% were sold under asking, 22% were sold at asking, and 50% were sold over asking.
Days on Market for Montville, CT
We’re sorry, we don't have information for this market at the moment
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