Is Newhallville, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Newhallville is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Newhallville was a Seller's Market.

Key Takeaway

Newhallville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Newhallville, CT

How much do homes in Newhallville, CT cost?

Median Sold Price

$383,750

$138/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$71,250(+22.8%)

Key Takeaway

Homes in Newhallville have sold for 22.8% more than they did a month ago.

Summary: The median home sold price in Newhallville was $383,750 in September 2024, up 22.8% from last month, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $360K$350K
-2.8%
5+ $305K$417.5K
+36.9%

Summary: Newhallville housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 36.9%.

Housing Supply in Newhallville, CT

How many homes are available in Newhallville, CT?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2825-10.7%

Summary: The Newhallville real estate market had 25 homes for sale in September 2024, a 10.7% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 11
0.0%
3 56
+20.0%
4 76
-14.3%
5+ 1512
-20.0%

Summary: The Newhallville housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Newhallville, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Newhallville in September 2024, down by 66.7% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Newhallville, 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 24 Days Ago

Newest Listings in Newhallville, CT

Nearby Markets to Newhallville, CT