$7,124 Closing Credit*
$599,900
6,125 SqFt
9 Beds
•3 Full Baths
Ana Pena, Listing Office: William Raveis Real Estate
Is New Haven, 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, New Haven has remained a Seller's Market.
Key Takeaway
New Haven is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in New Haven, CT
How much do homes in New Haven, CT cost?
Median Sold Price
$339,854
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$31,521(+10.2%)
Key Takeaway
Homes in New Haven have sold for 10.2% more than they did a year ago.
Summary: The median home sold price in New Haven was $339,854 in November 2024, up 10.2% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $176.5K | $200K | +13.3% |
| 2 Bedrooms | $220K | $250K | +13.6% |
| 3 Bedrooms | $287.3K | $312K | +8.6% |
| 4 Bedrooms | $322.5K | $357.4K | +10.8% |
| 5+ Bedrooms | $387.5K | $408K | +5.3% |
Summary: New Haven housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.3%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 5.3%.
Median Sold Price Compared To Nearby Cities
| West Haven | $300K | $344.5K | +14.8% |
| New Haven | $308.3K | $339.8K | +10.2% |
| Hamden | $305.4K | $334.9K | +9.6% |
| East Haven | $305K | $330K | +8.2% |
| Woodbridge | $633.5K | $630.5K | -0.5% |
Housing Supply in New Haven, CT
How many homes are available in New Haven, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 336 | 312 | -7.1% |
Summary: The New Haven real estate market had 312 homes for sale in November 2024, a 7.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 11 | +22.2% |
| 2 Bedrooms | 72 | 62 | -13.9% |
| 3 Bedrooms | 69 | 63 | -8.7% |
| 4 Bedrooms | 53 | 52 | -1.9% |
| 5+ Bedrooms | 133 | 124 | -6.8% |
Summary: The New Haven housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22.2%, 2 bedroom homes decreased by 13.9%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes decreased by 6.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 72 | 60 | -16.7% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
32 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in New Haven, you could pay more than the asking price. 53.3% of homes here sold above asking price last month.
Summary: A total of 60 homes were sold or pending in New Haven in November 2024, down by 16.7% month-over-month. Of the 60 sold homes, 28% were sold under asking, 18% were sold at asking, and 53% were sold over asking.
Days on Market for New Haven, CT
We’re sorry, we don't have information for this market at the moment
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