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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stafford is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Stafford was a Buyer's Market.

Key Takeaway

Stafford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Stafford, CT

How much do homes in Stafford, CT cost?

Median Sold Price

$267,250

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$3,750(+1.4%)

Key Takeaway

Homes in Stafford have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in Stafford was $267,250 in October 2024, up 1.4% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $43.7K$56K
+28.0%
2 $175K$218.5K
+24.9%
3 $276K$300K
+8.7%
4 $290K$360K
+24.1%
5+ $365K$250K
-31.5%

Summary: Stafford housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28%, 2 bedroom homes increased by 24.9%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 24.1%, and 5+ bedroom homes decreased by 31.5%.

Median Sold Price Compared To Nearby Cities

Willington
+15.7%
Ellington
+3.8%
Stafford
+1.4%
Stafford Springs
+0.6%

Housing Supply in Stafford, CT

How many homes are available in Stafford, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4032-20.0%

Summary: The Stafford real estate market had 32 homes for sale in October 2024, a 20.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 85
-37.5%
3 2014
-30.0%
4 78
+14.3%
5+ 33
0.0%

Summary: The Stafford 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 decreased by 37.5%, 3 bedroom homes decreased by 30%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
217-66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stafford, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Stafford in October 2024, down by 66.7% month-over-month. Of the 7 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% were sold over asking.

Days on Market for Stafford, 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 Stafford, CT

Nearby Markets to Stafford, CT

What housing markets are near Stafford, CT?