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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Plymouth is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Plymouth has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Plymouth, CT

How much do homes in Plymouth, CT cost?

Median Sold Price

$300,000

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,000(+9.1%)

Key Takeaway

Homes in Plymouth have sold for 9.1% more than they did a year ago.

Summary: The median home sold price in Plymouth was $300,000 in October 2024, up 9.1% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $198K$235K
+18.7%
2 $185K$200K
+8.1%
3 $285K$315K
+10.5%
4 $300K$332.5K
+10.8%
5+ $337.5K$310K
-8.1%

Summary: Plymouth housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.7%, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes decreased by 8.1%.

Median Sold Price Compared To Nearby Cities

Wolcott
+14.9%
Terryville
+11.1%
Bristol
+9.8%
Plymouth
+9.1%
Thomaston
-5.9%

Housing Supply in Plymouth, CT

How many homes are available in Plymouth, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4353+23.3%

Summary: The Plymouth real estate market had 53 homes for sale in October 2024, a 23.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 67
+16.7%
3 3235
+9.4%
4 23
+50.0%
5+ 37
+133.3%

Summary: The Plymouth housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 133.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
10100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Plymouth, you could pay more than the asking price. 70% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in Plymouth in October 2024, the same as the previous month. Of the 10 sold homes, 30% were sold under asking, 0% were sold at asking, and 70% were sold over asking.

Days on Market for Plymouth, 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 16 Days Ago

Newest Listings in Plymouth, CT

Nearby Markets to Plymouth, CT

What housing markets are near Plymouth, CT?