$6,828 Closing Credit*
$575,000
1,657 SqFt
3 Beds
•2 Full Baths
Cheri Coleman, Listing Office: BHGRE Gaetano Marra Homes
Is Trumbull, 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, Trumbull has remained a Seller's Market.
Key Takeaway
Trumbull is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Trumbull, CT
How much do homes in Trumbull, CT cost?
Median Sold Price
$607,875
$280/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$55,508(+10.0%)
Key Takeaway
Homes in Trumbull have sold for 10% more than they did a year ago.
Summary: The median home sold price in Trumbull was $607,875 in November 2024, up 10% from last year, and the median price per square foot was $280.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $389.4K | $288K | -26.0% |
| 2 Bedrooms | $421K | $475K | +12.8% |
| 3 Bedrooms | $519K | $554K | +6.7% |
| 4 Bedrooms | $690K | $700K | +1.4% |
| 5+ Bedrooms | $650K | $837.5K | +28.8% |
Summary: Trumbull housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26%, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 28.8%.
Median Sold Price Compared To Nearby Cities
| Bridgeport | $315.3K | $359.8K | +14.1% |
| Stratford | $376.4K | $425K | +12.9% |
| Shelton | $446.7K | $498.3K | +11.5% |
| Easton | $860K | $950K | +10.5% |
| Trumbull | $552.3K | $607.8K | +10.0% |
Housing Supply in Trumbull, CT
How many homes are available in Trumbull, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 95 | 82 | -13.7% |
Summary: The Trumbull real estate market had 82 homes for sale in November 2024, a 13.7% decrease 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 | 12 | 8 | -33.3% |
| 3 Bedrooms | 37 | 30 | -18.9% |
| 4 Bedrooms | 38 | 35 | -7.9% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Trumbull 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 33.3%, 3 bedroom homes decreased by 18.9%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 23 | -20.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Trumbull, you could pay more than the asking price. 60.9% of homes here sold above asking price last month.
Summary: A total of 23 homes were sold or pending in Trumbull in November 2024, down by 20.7% month-over-month. Of the 23 sold homes, 26% were sold under asking, 13% were sold at asking, and 61% were sold over asking.
Days on Market for Trumbull, CT
We’re sorry, we don't have information for this market at the moment
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