Is Terryville, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Terryville is a seller's market

Buyer's
Market

Difference Since November 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

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$31,000(+11.5%)

Key Takeaway

Homes in Terryville have sold for 11.5% more than they did a year ago.

Summary: The median home sold price in Terryville was $300,000 in November 2024, up 11.5% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $190K$217.5K
+14.5%
2 $166K$192.4K
+15.9%
3 $287.5K$305.5K
+6.3%
4 $300K$347.5K
+15.8%
5+ $337.5K$310K
-8.1%

Summary: Terryville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.5%, 2 bedroom homes increased by 15.9%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes decreased by 8.1%.

Median Sold Price Compared To Nearby Cities

Wolcott
+14.4%
Bristol
+11.6%
Terryville
+11.5%
Plymouth
+9.1%
Thomaston
-1.8%

Housing Supply in Terryville, CT

How many homes are available in Terryville, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4237-11.9%

Summary: The Terryville real estate market had 37 homes for sale in November 2024, a 11.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 69
+50.0%
3 2821
-25.0%
4 21
-50.0%
5+ 54
-20.0%

Summary: The Terryville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
914+55.6%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Terryville, you could pay more than the asking price. 64.3% of homes here sold above asking price last month.

Summary: A total of 14 homes were sold or pending in Terryville in November 2024, up by 55.6% month-over-month. Of the 14 sold homes, 14% were sold under asking, 21% were sold at asking, and 64% were sold over asking.

Days on Market for Terryville, 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 21 Days Ago

Newest Listings in Terryville, CT

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