$3,918 Closing Credit*
$329,900
1,092 SqFt
3 Beds
•1 Full Bath, 1 Partial
Karrie Sharr, Listing Office: Showcase Realty, Inc.
Is Oakville, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Oakville has remained a Seller's Market.
Key Takeaway
Oakville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Oakville, CT
How much do homes in Oakville, CT cost?
Median Sold Price
$320,000
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$38,500(+13.7%)
Key Takeaway
Homes in Oakville have sold for 13.7% more than they did a year ago.
Summary: The median home sold price in Oakville was $320,000 in November 2024, up 13.7% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $122.5K | $201K | +64.1% |
| 2 Bedrooms | $250K | $282.5K | +13.0% |
| 3 Bedrooms | $290K | $327.5K | +12.9% |
| 4 Bedrooms | $247K | $315K | +27.5% |
| 5+ Bedrooms | $265K | $419.9K | +58.5% |
Summary: Oakville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 64.1%, 2 bedroom homes increased by 13%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 27.5%, and 5+ bedroom homes increased by 58.5%.
Housing Supply in Oakville, CT
How many homes are available in Oakville, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 29 | -3.3% |
Summary: The Oakville real estate market had 29 homes for sale in November 2024, a 3.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 2 | 6 | +200.0% |
| 3 Bedrooms | 15 | 11 | -26.7% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Oakville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 200%, 3 bedroom homes decreased by 26.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Oakville, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Oakville in November 2024, down by 12.5% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Oakville, CT
We’re sorry, we don't have information for this market at the moment
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