$74,900
0.60 Acres
Land
Chloe White, Listing Office: KW Legacy Partners
Is Terryville, 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, Terryville has remained a Seller's Market.
Key Takeaway
Terryville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Terryville, CT
How much do homes in Terryville, CT cost?
Median Sold Price
$300,000
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,000(+11.1%)
Key Takeaway
Homes in Terryville have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in Terryville was $300,000 in October 2024, up 11.1% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $190K | $235K | +23.7% |
| 2 Bedrooms | $166K | $194.9K | +17.4% |
| 3 Bedrooms | $287.5K | $313K | +8.9% |
| 4 Bedrooms | $300K | $347.5K | +15.8% |
| 5+ Bedrooms | $337.5K | $305K | -9.6% |
Summary: Terryville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.7%, 2 bedroom homes increased by 17.4%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes decreased by 9.6%.
Housing Supply in Terryville, CT
How many homes are available in Terryville, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 41 | +20.6% |
Summary: The Terryville real estate market had 41 homes for sale in October 2024, a 20.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 26 | 27 | +3.8% |
| 4 Bedrooms | 0 | 2 | +100.0% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Terryville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Terryville, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Terryville in October 2024, down by 11.1% month-over-month. Of the 8 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Terryville, CT
We’re sorry, we don't have information for this market at the moment
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