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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pomfret is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Pomfret, CT

How much do homes in Pomfret, CT cost?

Median Sold Price

$455,000

$207/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$25,000(+5.8%)

Key Takeaway

Homes in Pomfret have sold for 5.8% more than they did a month ago.

Summary: The median home sold price in Pomfret was $455,000 in November 2024, up 5.8% from last month, and the median price per square foot was $207.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$208.9K
N/A
2 --
N/A
3 $477.5K$455K
-4.7%
4 -$763K
N/A
5+ $425K-
N/A

Summary: Pomfret 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 4.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Pomfret, CT

How many homes are available in Pomfret, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
15150.0%

Summary: The Pomfret real estate market had 15 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 01
+100.0%
3 108
-20.0%
4 34
+33.3%
5+ 11
0.0%

Summary: The Pomfret 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 increased by 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pomfret, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Pomfret in November 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.

Days on Market for Pomfret, 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 Pomfret, CT

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