Is Sandy Hook, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sandy Hook is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Sandy Hook was a Seller's Market.

Key Takeaway

Sandy Hook is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Sandy Hook, CT

How much do homes in Sandy Hook, CT cost?

Median Sold Price

$542,500

$254/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$12,500(+2.4%)

Key Takeaway

Homes in Sandy Hook have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in Sandy Hook was $542,500 in September 2024, up 2.4% from last year, and the median price per square foot was $254.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $347.4K$287.5K
-17.3%
2 $395K$411.5K
+4.2%
3 $480K$475K
-1.0%
4 $685K$699.9K
+2.2%
5+ $717.4K$1.0M
+50.8%

Summary: Sandy Hook housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.3%, 2 bedroom homes increased by 4.2%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 50.8%.

Median Sold Price Compared To Nearby Cities

Southbury
+16.9%
Oxford
+8.0%
Monroe
+6.1%
Sandy Hook
+2.4%

Housing Supply in Sandy Hook, CT

How many homes are available in Sandy Hook, CT?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
5057+14.0%

Summary: The Sandy Hook real estate market had 57 homes for sale in September 2024, a 14.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 02
+100.0%
2 66
0.0%
3 1818
0.0%
4 2126
+23.8%
5+ 55
0.0%

Summary: The Sandy Hook housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
128-33.3%

Asking Price vs. Sold Price

1 Home Was 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 Sandy Hook, you could pay more than the asking price. 87.5% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in Sandy Hook in September 2024, down by 33.3% month-over-month. Of the 8 sold homes, 13% were sold under asking, 0% were sold at asking, and 88% were sold over asking.

Days on Market for Sandy Hook, 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 29 Days Ago

Newest Listings in Sandy Hook, CT

Nearby Markets to Sandy Hook, CT

What housing markets are near Sandy Hook, CT?