$4,750 Closing Credit*
$400,000
2,128 SqFt
3 Beds
•2 Full Baths
Amy Mateus, Listing Office: Grace Group Realty LLC
Is Suffield, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Suffield has remained a Seller's Market.
Key Takeaway
Suffield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Suffield, CT
How much do homes in Suffield, CT cost?
Median Sold Price
$455,000
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$41,000(+9.9%)
Key Takeaway
Homes in Suffield have sold for 9.9% more than they did a year ago.
Summary: The median home sold price in Suffield was $455,000 in October 2024, up 9.9% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $265.5K | $300K | +13.0% |
| 3 Bedrooms | $403.5K | $456K | +13.0% |
| 4 Bedrooms | $500K | $607.5K | +21.5% |
| 5+ Bedrooms | $700K | $682.5K | -2.5% |
Summary: Suffield housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 21.5%, and 5+ bedroom homes decreased by 2.5%.
Median Sold Price Compared To Nearby Cities
| East Granby | $347.5K | $405K | +16.5% |
| Southwick | $390K | $431.2K | +10.6% |
| Suffield | $414K | $455K | +9.9% |
| Feeding Hills | $350K | $345K | -1.4% |
Housing Supply in Suffield, CT
How many homes are available in Suffield, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 55 | 51 | -7.3% |
Summary: The Suffield real estate market had 51 homes for sale in October 2024, a 7.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 23 | 16 | -30.4% |
| 4 Bedrooms | 17 | 17 | 0.0% |
| 5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Suffield 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 increased by 40%, 3 bedroom homes decreased by 30.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 12 | -33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Suffield, you could pay more than the asking price. 41.7% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Suffield in October 2024, down by 33.3% month-over-month. Of the 12 sold homes, 33% were sold under asking, 25% were sold at asking, and 42% were sold over asking.
Days on Market for Suffield, CT
We’re sorry, we don't have information for this market at the moment
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