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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Thomaston is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Thomaston has remained a Seller's Market.

Key Takeaway

Thomaston is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Thomaston, CT

How much do homes in Thomaston, CT cost?

Median Sold Price

$270,000

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$17,000(-5.9%)

Key Takeaway

Homes in Thomaston have sold for 5.9% less than they did a year ago.

Summary: The median home sold price in Thomaston was $270,000 in October 2024, down 5.9% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$168.6K
N/A
2 $170.9K$190K
+11.1%
3 $297.5K$287.5K
-3.4%
4 $410K$570K
+39.0%
5+ $240K$357K
+48.8%

Summary: Thomaston 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 11.1%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 39%, and 5+ bedroom homes increased by 48.8%.

Median Sold Price Compared To Nearby Cities

Watertown
+14.8%
Terryville
+11.1%
Plymouth
+9.1%
Thomaston
-5.9%

Housing Supply in Thomaston, CT

How many homes are available in Thomaston, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
22220.0%

Summary: The Thomaston real estate market had 22 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1614
-12.5%
4 24
+100.0%
5+ 00
0.0%

Summary: The Thomaston 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 remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Thomaston, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Thomaston in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Thomaston, 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 16 Days Ago

Newest Listings in Thomaston, CT

Nearby Markets to Thomaston, CT

What housing markets are near Thomaston, CT?