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 November 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

$351,750

$232/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$16,750(+5.0%)

Key Takeaway

Homes in Quaker Hill have sold for 5% more than they did a year ago.

Summary: The median home sold price in Quaker Hill was $351,750 in November 2024, up 5% from last year, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $197.4K-
N/A
2 $225K$286K
+27.1%
3 $360K$340K
-5.6%
4 $360K$442.5K
+22.9%
5+ $302K$440K
+45.7%

Summary: Quaker Hill housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27.1%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 22.9%, and 5+ bedroom homes increased by 45.7%.

Median Sold Price Compared To Nearby Cities

Gales Ferry
+23.3%
Uncasville
+19.6%
New London
+18.0%
Waterford
+10.1%
Quaker Hill
+5.0%

Housing Supply in Quaker Hill, CT

How many homes are available in Quaker Hill, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
117-36.4%

Summary: The Quaker Hill real estate market had 7 homes for sale in November 2024, a 36.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 53
-40.0%
4 43
-25.0%
5+ 10
-100.0%

Summary: The Quaker Hill 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 remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Quaker Hill, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Quaker Hill in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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 17 Days Ago

Newest Listings in Quaker Hill, CT

Nearby Markets to Quaker Hill, CT

What housing markets are near Quaker Hill, CT?