Is Quaker Hill, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Quaker Hill is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Quaker Hill, CT

How much do homes in Quaker Hill, CT cost?

Median Sold Price

$350,500

$232/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$4,000(+1.2%)

Key Takeaway

Homes in Quaker Hill have sold for 1.2% more than they did a year ago.

Summary: The median home sold price in Quaker Hill was $350,500 in October 2024, up 1.2% from last year, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $197.4K-
N/A
2 $265K$283.5K
+7.0%
3 $360K$340K
-5.6%
4 $375K$417.5K
+11.3%
5+ $302K$440K
+45.7%

Summary: Quaker Hill 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 7%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 45.7%.

Median Sold Price Compared To Nearby Cities

Gales Ferry
+20.0%
Uncasville
+18.1%
New London
+12.9%
Waterford
+12.1%
Quaker Hill
+1.2%

Housing Supply in Quaker Hill, CT

How many homes are available in Quaker Hill, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
11110.0%

Summary: The Quaker Hill real estate market had 11 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 65
-16.7%
4 44
0.0%
5+ 11
0.0%

Summary: The Quaker Hill 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 increased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

0 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 Quaker Hill, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Quaker Hill in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Quaker Hill, 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 Quaker Hill, CT

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