Is New Hartford, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing New Hartford is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, New Hartford was a Neutral Market.

Key Takeaway

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

Housing Prices in New Hartford, CT

How much do homes in New Hartford, CT cost?

Median Sold Price

$399,000

$210/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$55,500(+16.2%)

Key Takeaway

Homes in New Hartford have sold for 16.2% more than they did a year ago.

Summary: The median home sold price in New Hartford was $399,000 in October 2024, up 16.2% from last year, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $120.5K$142.5K
+18.3%
2 $188.5K$200K
+6.1%
3 $360K$415K
+15.3%
4 $452.5K$555K
+22.7%
5+ $568K$512.5K
-9.8%

Summary: New Hartford housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.3%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 22.7%, and 5+ bedroom homes decreased by 9.8%.

Median Sold Price Compared To Nearby Cities

Canton
+17.1%
Torrington
+17.0%
New Hartford
+16.2%
Burlington
-5.0%

Housing Supply in New Hartford, CT

How many homes are available in New Hartford, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
26260.0%

Summary: The New Hartford real estate market had 26 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 42
-50.0%
3 1515
0.0%
4 56
+20.0%
5+ 12
+100.0%

Summary: The New Hartford housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
85-37.5%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in New Hartford, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in New Hartford in October 2024, down by 37.5% month-over-month. Of the 5 sold homes, 0% were sold under asking, 20% were sold at asking, and 80% were sold over asking.

Days on Market for New Hartford, 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 16 Days Ago

Newest Listings in New Hartford, CT

Nearby Markets to New Hartford, CT

What housing markets are near New Hartford, CT?