$2,731 Closing Credit*
$230,000
2,741 SqFt
5 Beds
•3 Full Baths
Carol Roux, Listing Office: Kazantzis Real Estate, LLC
Is Sprague, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Sprague was a Neutral Market.
Key Takeaway
Sprague is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sprague, CT
How much do homes in Sprague, CT cost?
Median Sold Price
$320,000
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$64,000(+25.0%)
Key Takeaway
Homes in Sprague have sold for 25% more than they did a year ago.
Summary: The median home sold price in Sprague was $320,000 in November 2024, up 25% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $221.3K | $98K | -55.7% |
| 2 Bedrooms | $163.5K | $229.9K | +40.6% |
| 3 Bedrooms | $294K | $265K | -9.9% |
| 4 Bedrooms | $255K | $502K | +96.9% |
| 5+ Bedrooms | $228K | $360K | +57.9% |
Summary: Sprague housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 55.7%, 2 bedroom homes increased by 40.6%, 3 bedroom homes decreased by 9.9%, 4 bedroom homes increased by 96.9%, and 5+ bedroom homes increased by 57.9%.
Median Sold Price Compared To Nearby Cities
| Baltic | $259.5K | $325K | +25.2% |
| Sprague | $256K | $320K | +25.0% |
| Lisbon | $285K | $336K | +17.9% |
Housing Supply in Sprague, CT
How many homes are available in Sprague, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 5 | -50.0% |
Summary: The Sprague real estate market had 5 homes for sale in November 2024, a 50.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 3 | -50.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Sprague 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 50%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sprague, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Sprague in November 2024, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Sprague, CT
We’re sorry, we don't have information for this market at the moment
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