$4,988 Closing Credit*
$420,000
2,036 SqFt
5 Beds
•2 Full Baths
Ken Demirs, Listing Office: Regency Real Estate, LLC
Is Oakville, 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, 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
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$40,000(+14.3%)
Key Takeaway
Homes in Oakville have sold for 14.3% more than they did a year ago.
Summary: The median home sold price in Oakville was $320,000 in October 2024, up 14.3% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $122.5K | $210.5K | +71.8% |
| 2 Bedrooms | $260K | $282.5K | +8.7% |
| 3 Bedrooms | $287.4K | $323.7K | +12.6% |
| 4 Bedrooms | $259K | $314.5K | +21.4% |
| 5+ Bedrooms | $263.7K | $419.9K | +59.2% |
Summary: Oakville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 71.8%, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 59.2%.
Housing Supply in Oakville, CT
How many homes are available in Oakville, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 26 | 0.0% |
Summary: The Oakville real estate market had 26 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 3 | 0 | -100.0% |
| 3 Bedrooms | 15 | 14 | -6.7% |
| 4 Bedrooms | 3 | 7 | +133.3% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Oakville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 133.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oakville, you could pay more than the asking price. 83.3% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Oakville in October 2024, the same as the previous month. Of the 6 sold homes, 17% were sold under asking, 0% were sold at asking, and 83% 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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