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 October 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

$420,200

$258/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$45,133(+12.0%)

Key Takeaway

Homes in Stratford have sold for 12% more than they did a year ago.

Summary: The median home sold price in Stratford was $420,200 in October 2024, up 12% from last year, and the median price per square foot was $258.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $215K$240.9K
+12.1%
2 $340K$367.5K
+8.1%
3 $398.5K$430K
+7.9%
4 $440K$502.5K
+14.2%
5+ $509K$585K
+14.9%

Summary: Stratford housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.1%, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes increased by 14.9%.

Median Sold Price Compared To Nearby Cities

Bridgeport
+16.1%
Stratford
+12.0%
Shelton
+11.0%
Trumbull
+10.1%
Milford
+8.2%

Housing Supply in Stratford, CT

How many homes are available in Stratford, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
213238+11.7%

Summary: The Stratford real estate market had 238 homes for sale in October 2024, a 11.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 3943
+10.3%
2 3138
+22.6%
3 91102
+12.1%
4 3537
+5.7%
5+ 1718
+5.9%

Summary: The Stratford housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10.3%, 2 bedroom homes increased by 22.6%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 5.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4064+60.0%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

36 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. 56.3% of homes here sold above asking price last month.

Summary: A total of 64 homes were sold or pending in Stratford in October 2024, up by 60.0% month-over-month. Of the 64 sold homes, 38% were sold under asking, 6% were sold at asking, and 56% 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 16 Days Ago

Newest Listings in Stratford, CT

Nearby Markets to Stratford, CT

What housing markets are near Stratford, CT?