$2,197 Closing Credit*
$185,000
1,338 SqFt
2 Beds
•2 Full Baths
Amy Rio, Listing Office: Executive Real Estate Inc.
Is Storrs Mansfield, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Storrs Mansfield was a Seller's Market.
Key Takeaway
Storrs Mansfield is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Storrs Mansfield, CT
How much do homes in Storrs Mansfield, CT cost?
Median Sold Price
$360,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$30,050(+9.1%)
Key Takeaway
Homes in Storrs Mansfield have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in Storrs Mansfield was $360,000 in December 2024, up 9.1% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $136.2K | $132.5K | -2.8% |
| 2 Bedrooms | $185K | $152K | -17.8% |
| 3 Bedrooms | $330K | $380K | +15.2% |
| 4 Bedrooms | $402.5K | $422.5K | +5.0% |
| 5+ Bedrooms | $700.5K | $436K | -37.8% |
Summary: Storrs Mansfield housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.8%, 2 bedroom homes decreased by 17.8%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 37.8%.
Median Sold Price Compared To Nearby Cities
| Willington | $312.5K | $360K | +15.2% |
| Storrs Mansfield | $329.9K | $360K | +9.1% |
| Coventry | $335K | $359.9K | +7.4% |
| Mansfield | $325K | $318.2K | -2.1% |
Housing Supply in Storrs Mansfield, CT
How many homes are available in Storrs Mansfield, CT?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 23 | 19 | -17.4% |
Summary: The Storrs Mansfield real estate market had 19 homes for sale in December 2024, a 17.4% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 5 | 2 | -60.0% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Storrs Mansfield housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 60%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Storrs Mansfield, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Storrs Mansfield in December 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Storrs Mansfield, CT
We’re sorry, we don't have information for this market at the moment
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