$7,500
0.13 Acres
Land
Rachael Zagurski, Listing Office: RE/MAX ONE
Is Taftville, 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, Taftville has remained a Seller's Market.
Key Takeaway
Taftville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Taftville, CT
How much do homes in Taftville, CT cost?
Median Sold Price
$257,500
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$45,000(+21.2%)
Key Takeaway
Homes in Taftville have sold for 21.2% more than they did a year ago.
Summary: The median home sold price in Taftville was $257,500 in October 2024, up 21.2% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $77K | N/A |
| 2 Bedrooms | $210K | $209K | -0.5% |
| 3 Bedrooms | $212.5K | $280K | +31.8% |
| 4 Bedrooms | $212.5K | $179.7K | -15.4% |
| 5+ Bedrooms | $302K | $299.9K | -0.7% |
Summary: Taftville 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 decreased by 0.5%, 3 bedroom homes increased by 31.8%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes decreased by 0.7%.
Median Sold Price Compared To Nearby Cities
| Taftville | $212.5K | $257.5K | +21.2% |
| Lisbon | $285K | $337.5K | +18.4% |
| Norwich | $225.2K | $252K | +11.9% |
Housing Supply in Taftville, CT
How many homes are available in Taftville, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Summary: The Taftville real estate market had 9 homes for sale in October 2024, a 18.2% 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Taftville 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 decreased by 100%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Taftville, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Taftville in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Taftville, CT
We’re sorry, we don't have information for this market at the moment
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