$4,749 Closing Credit*
$399,900
1,000 SqFt
3 Beds
•1 Full Bath
Barbara Zink, Listing Office: Coldwell Banker Realty
Is Morningside / Milford Lawns, 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, Morningside / Milford Lawns has remained a Seller's Market.
Key Takeaway
Morningside / Milford Lawns is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Morningside / Milford Lawns, CT
How much do homes in Morningside / Milford Lawns, CT cost?
Median Sold Price
$474,950
$306/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,950(+4.4%)
Key Takeaway
Homes in Morningside / Milford Lawns have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Morningside / Milford Lawns was $474,950 in November 2024, up 4.4% from last year, and the median price per square foot was $306.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215.7K | $228K | +5.7% |
| 2 Bedrooms | $325K | $351.5K | +8.2% |
| 3 Bedrooms | $470K | $495K | +5.3% |
| 4 Bedrooms | $653K | $662.5K | +1.5% |
| 5+ Bedrooms | $552K | $560K | +1.4% |
Summary: Morningside / Milford Lawns housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.7%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 1.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Forest Heights / Post Road North | $355K | $383K | +7.9% |
| Downtown / Harbor / Post Road South | $420K | $440K | +4.8% |
| Morningside / Milford Lawns | $455K | $474.9K | +4.4% |
Housing Supply in Morningside / Milford Lawns, CT
How many homes are available in Morningside / Milford Lawns, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 60 | 56 | -6.7% |
Summary: The Morningside / Milford Lawns real estate market had 56 homes for sale in November 2024, a 6.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 5 | +66.7% |
| 2 Bedrooms | 14 | 14 | 0.0% |
| 3 Bedrooms | 27 | 22 | -18.5% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Morningside / Milford Lawns housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 18.5%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 11 | -26.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Morningside / Milford Lawns, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Morningside / Milford Lawns in November 2024, down by 26.7% month-over-month. Of the 11 sold homes, 55% were sold under asking, 0% were sold at asking, and 45% were sold over asking.
Days on Market for Morningside / Milford Lawns, CT
We’re sorry, we don't have information for this market at the moment
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