$7,434 Closing Credit*
$626,000
1,420 SqFt
3 Beds
•2 Full Baths
Amy Jones, Listing Office: Berkshire Hathaway NE Prop.
Is Niantic, 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, Niantic has remained a Seller's Market.
Key Takeaway
Niantic is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Niantic, CT
How much do homes in Niantic, CT cost?
Median Sold Price
$460,000
$274/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,000(+2.2%)
Key Takeaway
Homes in Niantic have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in Niantic was $460,000 in November 2024, up 2.2% from last year, and the median price per square foot was $274.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $305.4K | $221K | -27.6% |
| 2 Bedrooms | $334.9K | $350K | +4.5% |
| 3 Bedrooms | $450K | $501K | +11.3% |
| 4 Bedrooms | $532.5K | $539K | +1.2% |
| 5+ Bedrooms | $630K | $1.9M | +201.6% |
Summary: Niantic housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.6%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 201.6%.
Housing Supply in Niantic, CT
How many homes are available in Niantic, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 49 | 42 | -14.3% |
Summary: The Niantic real estate market had 42 homes for sale in November 2024, a 14.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 15 | 16 | +6.7% |
| 3 Bedrooms | 19 | 11 | -42.1% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Niantic housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 6.7%, 3 bedroom homes decreased by 42.1%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Niantic, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Niantic in November 2024, up by 20.0% month-over-month. Of the 12 sold homes, 42% were sold under asking, 25% were sold at asking, and 33% were sold over asking.
Days on Market for Niantic, CT
We’re sorry, we don't have information for this market at the moment
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