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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sharon is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Sharon has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Sharon, CT

How much do homes in Sharon, CT cost?

Median Sold Price

$575,000

$282/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$60,000(-9.4%)

Key Takeaway

Homes in Sharon have sold for 9.4% less than they did a year ago.

Summary: The median home sold price in Sharon was $575,000 in October 2024, down 9.4% from last year, and the median price per square foot was $282.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $420K$295K
-29.8%
3 $600K$677.5K
+12.9%
4 $807.5K$880K
+9.0%
5+ $1.0M$2.0M
+97.6%

Summary: Sharon 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 decreased by 29.8%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 97.6%.

Median Sold Price Compared To Nearby Cities

Cornwall
+43.6%
West Cornwall
+37.5%
Falls Village
-1.4%
Sharon
-9.4%

Housing Supply in Sharon, CT

How many homes are available in Sharon, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3531-11.4%

Summary: The Sharon real estate market had 31 homes for sale in October 2024, a 11.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 99
0.0%
3 118
-27.3%
4 77
0.0%
5+ 76
-14.3%

Summary: The Sharon 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 remained the same, 3 bedroom homes decreased by 27.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
84-50.0%

Asking Price vs. Sold Price

3 Homes Were 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 Sharon, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Sharon in October 2024, down by 50.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Sharon, 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 Sharon, CT

Nearby Markets to Sharon, CT

What housing markets are near Sharon, CT?