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 November 2023

At the same time last year, Sharon was a Seller'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

$587,500

$278/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$22,500(-3.7%)

Key Takeaway

Homes in Sharon have sold for 3.7% less than they did a year ago.

Summary: The median home sold price in Sharon was $587,500 in November 2024, down 3.7% from last year, and the median price per square foot was $278.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $402.5K$297.5K
-26.1%
3 $610K$600K
-1.6%
4 $755.5K$880K
+16.5%
5+ $1.4M$1.9M
+38.6%

Summary: Sharon 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 decreased by 26.1%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 16.5%, and 5+ bedroom homes increased by 38.6%.

Median Sold Price Compared To Nearby Cities

Cornwall
+104.6%
West Cornwall
+89.3%
Sharon
-3.7%

Housing Supply in Sharon, CT

How many homes are available in Sharon, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2829+3.6%

Summary: The Sharon real estate market had 29 homes for sale in November 2024, a 3.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 98
-11.1%
3 67
+16.7%
4 78
+14.3%
5+ 54
-20.0%

Summary: The Sharon housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sharon, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

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

Newest Listings in Sharon, CT

Nearby Markets to Sharon, CT

What housing markets are near Sharon, CT?