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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stafford Springs is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Stafford Springs has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Stafford Springs, CT

How much do homes in Stafford Springs, CT cost?

Median Sold Price

$279,000

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$14,000(+5.3%)

Key Takeaway

Homes in Stafford Springs have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in Stafford Springs was $279,000 in December 2024, up 5.3% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $38K$60K
+57.9%
2 $187K$211K
+12.8%
3 $280K$300K
+7.1%
4 $327.5K$355K
+8.4%
5+ $365K$275K
-24.7%

Summary: Stafford Springs housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 57.9%, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes decreased by 24.7%.

Median Sold Price Compared To Nearby Cities

Tolland
+20.0%
Willington
+15.2%
Stafford
+6.6%
Stafford Springs
+5.3%

Housing Supply in Stafford Springs, CT

How many homes are available in Stafford Springs, CT?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3126-16.1%

Summary: The Stafford Springs real estate market had 26 homes for sale in December 2024, a 16.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 23
+50.0%
2 41
-75.0%
3 1413
-7.1%
4 75
-28.6%
5+ 44
0.0%

Summary: The Stafford Springs housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 75%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
146-57.1%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stafford Springs, you could pay more than the asking price. 83.3% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Stafford Springs in December 2024, down by 57.1% month-over-month. Of the 6 sold homes, 0% were sold under asking, 17% were sold at asking, and 83% were sold over asking.

Days on Market for Stafford Springs, 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 5 Days Ago

Newest Listings in Stafford Springs, CT

Nearby Markets to Stafford Springs, CT

What housing markets are near Stafford Springs, CT?