$4,477 Closing Credit*
$377,000
1,504 SqFt
3 Beds
•1 Full Bath, 1 Partial
Michele Kowolenko, Listing Office: Coldwell Banker Realty
Is Northford, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Northford was a Neutral Market.
Key Takeaway
Northford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Northford, CT
How much do homes in Northford, CT cost?
Median Sold Price
$450,000
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$31,500(+7.5%)
Key Takeaway
Homes in Northford have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in Northford was $450,000 in October 2024, up 7.5% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $305K | $370K | +21.3% |
| 3 Bedrooms | $395.6K | $450K | +13.7% |
| 4 Bedrooms | $456.7K | $500K | +9.5% |
| 5+ Bedrooms | $487.5K | $499K | +2.4% |
Summary: Northford 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 21.3%, 3 bedroom homes increased by 13.7%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 2.4%.
Median Sold Price Compared To Nearby Cities
| North Haven | $390.3K | $435.3K | +11.5% |
| North Branford | $370K | $410K | +10.8% |
| Wallingford | $327K | $355.5K | +8.7% |
| Northford | $418.5K | $450K | +7.5% |
| Guilford | $555K | $583.4K | +5.1% |
Housing Supply in Northford, CT
How many homes are available in Northford, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 16 | +14.3% |
Summary: The Northford real estate market had 16 homes for sale in October 2024, a 14.3% increase 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 10 | 13 | +30.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Northford 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 increased by 30%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northford, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Northford in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Northford, CT
We’re sorry, we don't have information for this market at the moment
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