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 November 2023

Since last year, North Stamford has remained a Seller's 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

$1,006,500

$301/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$26,500(+2.7%)

Key Takeaway

Homes in North Stamford have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in North Stamford was $1,006,500 in November 2024, up 2.7% from last year, and the median price per square foot was $301.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$440K
N/A
2 $670K$767.5K
+14.6%
3 $751.1K$825K
+9.8%
4 $980K$1.0M
+7.0%
5+ $1.2M$1.2M
+4.4%

Summary: North Stamford housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.6%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 4.4%.

Median Sold Price Compared To Nearby Neighborhoods

Turn of River
+10.9%
North Stamford
+2.7%
Newfield
-4.1%

Housing Supply in North Stamford, CT

How many homes are available in North Stamford, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6152-14.8%

Summary: The North Stamford real estate market had 52 homes for sale in November 2024, a 14.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 159
-40.0%
4 2926
-10.3%
5+ 1615
-6.3%

Summary: The North Stamford housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes decreased by 6.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12120.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 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. 50% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in North Stamford in November 2024, the same as the previous month. Of the 12 sold homes, 42% were sold under asking, 8% were sold at asking, and 50% 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 17 Days Ago

Newest Listings in North Stamford, CT

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