$5,818 Closing Credit*
$489,900
1,658 SqFt
4 Beds
•1 Full Bath, 1 Partial
Matthew Banak, Listing Office: Coldwell Banker Realty
Is Suffield, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$465,100
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$60,100(+14.8%)
Key Takeaway
Homes in Suffield have sold for 14.8% more than they did a year ago.
Summary: The median home sold price in Suffield was $465,100 in November 2024, up 14.8% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $266K | $300K | +12.8% |
| 3 Bedrooms | $402K | $458.9K | +14.2% |
| 4 Bedrooms | $490K | $628.9K | +28.4% |
| 5+ Bedrooms | $795K | $682.5K | -14.2% |
Summary: Suffield housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 14.2%, 4 bedroom homes increased by 28.4%, and 5+ bedroom homes decreased by 14.2%.
Median Sold Price Compared To Nearby Cities
| East Granby | $347.5K | $405K | +16.5% |
| Suffield | $405K | $465.1K | +14.8% |
| Southwick | $391K | $425K | +8.7% |
| Feeding Hills | $345K | $349.9K | +1.4% |
Housing Supply in Suffield, CT
How many homes are available in Suffield, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 48 | 51 | +6.3% |
Summary: The Suffield real estate market had 51 homes for sale in November 2024, a 6.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 17 | 23 | +35.3% |
| 4 Bedrooms | 15 | 14 | -6.7% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Suffield housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 35.3%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Suffield, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Suffield in November 2024, down by 7.7% month-over-month. Of the 12 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% 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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