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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northfield is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Northfield has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Northfield, CT

How much do homes in Northfield, CT cost?

Median Sold Price

$257,450

$211/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$230,050(-47.2%)

Key Takeaway

Homes in Northfield have sold for 47.2% less than they did a month ago.

Summary: The median home sold price in Northfield was $257,450 in November 2024, down 47.2% from last month, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$125K
N/A
3 $487.5K$389.9K
-20.0%
4 --
N/A
5+ --
N/A

Summary: Northfield housing prices by bedroom type for November 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 decreased by 20%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Northfield, CT

How many homes are available in Northfield, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
75-28.6%

Summary: The Northfield real estate market had 5 homes for sale in November 2024, a 28.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 42
-50.0%
4 11
0.0%
5+ 11
0.0%

Summary: The Northfield 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northfield, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Northfield in November 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Northfield, 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 21 Days Ago

Newest Listings in Northfield, CT

Nearby Markets to Northfield, CT

What housing markets are near Northfield, CT?