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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stratford is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Stratford, CT

How much do homes in Stratford, CT cost?

Median Sold Price

$425,000

$258/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$48,529(+12.9%)

Key Takeaway

Homes in Stratford have sold for 12.9% more than they did a year ago.

Summary: The median home sold price in Stratford was $425,000 in November 2024, up 12.9% from last year, and the median price per square foot was $258.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $219.5K$250K
+13.9%
2 $340K$370K
+8.8%
3 $399.9K$431K
+7.8%
4 $440K$505K
+14.8%
5+ $520K$592.5K
+13.9%

Summary: Stratford housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.9%, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes increased by 13.9%.

Median Sold Price Compared To Nearby Cities

Bridgeport
+14.1%
Stratford
+12.9%
Shelton
+11.5%
Trumbull
+10.0%
Milford
+8.9%

Housing Supply in Stratford, CT

How many homes are available in Stratford, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
237193-18.6%

Summary: The Stratford real estate market had 193 homes for sale in November 2024, a 18.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 4135
-14.6%
2 3934
-12.8%
3 10182
-18.8%
4 3831
-18.4%
5+ 1811
-38.9%

Summary: The Stratford housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.6%, 2 bedroom homes decreased by 12.8%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes decreased by 18.4%, and 5+ bedroom homes decreased by 38.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
6660-9.1%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

33 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stratford, you could pay more than the asking price. 55% of homes here sold above asking price last month.

Summary: A total of 60 homes were sold or pending in Stratford in November 2024, down by 9.1% month-over-month. Of the 60 sold homes, 32% were sold under asking, 13% were sold at asking, and 55% were sold over asking.

Days on Market for Stratford, 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 Stratford, CT

Nearby Markets to Stratford, CT

What housing markets are near Stratford, CT?