Is North Stamford, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Stamford is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, North Stamford was a Neutral Market.

Key Takeaway

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

Housing Prices in North Stamford, CT

How much do homes in North Stamford, CT cost?

Median Sold Price

$1,022,500

$301/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$55,000(+5.7%)

Key Takeaway

Homes in North Stamford have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in North Stamford was $1,022,500 in October 2024, up 5.7% from last year, and the median price per square foot was $301.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$440K
N/A
2 $515K$767.5K
+49.0%
3 $760K$810K
+6.6%
4 $950K$1.0M
+15.3%
5+ $1.2M$1.2M
+1.9%

Summary: North Stamford housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 49%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 15.3%, and 5+ bedroom homes increased by 1.9%.

Median Sold Price Compared To Nearby Neighborhoods

Turn of River
+8.9%
North Stamford
+5.7%
Newfield
-3.5%

Housing Supply in North Stamford, CT

How many homes are available in North Stamford, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6661-7.6%

Summary: The North Stamford real estate market had 61 homes for sale in October 2024, a 7.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1716
-5.9%
4 3027
-10.0%
5+ 1817
-5.6%

Summary: The North Stamford 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 remained the same, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 5.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1312-7.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Stamford, you could pay more than the asking price. 58.3% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in North Stamford in October 2024, down by 7.7% month-over-month. Of the 12 sold homes, 17% were sold under asking, 25% were sold at asking, and 58% were sold over asking.

Days on Market for North Stamford, 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 North Stamford, CT

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