$5,936 Closing Credit*
$499,900
2,222 SqFt
3 Beds
•2 Full Baths, 1 Partial
Sandy Bliven, Listing Office: RE/MAX South County
Is North Stonington, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, North Stonington has remained a Seller's Market.
Key Takeaway
North Stonington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Stonington, CT
How much do homes in North Stonington, CT cost?
Median Sold Price
$421,000
$260/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,500(+3.6%)
Key Takeaway
Homes in North Stonington have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in North Stonington was $421,000 in October 2024, up 3.6% from last year, and the median price per square foot was $260.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $340K | N/A |
| 2 Bedrooms | $294K | $362.5K | +23.3% |
| 3 Bedrooms | $416.2K | $440K | +5.7% |
| 4 Bedrooms | $422.5K | $403K | -4.6% |
| 5+ Bedrooms | - | $360K | N/A |
Summary: North Stonington 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 23.3%, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes did not change.
Housing Supply in North Stonington, CT
How many homes are available in North Stonington, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 18 | -30.8% |
Summary: The North Stonington real estate market had 18 homes for sale in October 2024, a 30.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 16 | 11 | -31.3% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The North Stonington 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 decreased by 50%, 3 bedroom homes decreased by 31.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Stonington, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in North Stonington in October 2024, up by 40.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.
Days on Market for North Stonington, CT
We’re sorry, we don't have information for this market at the moment
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