$5,818 Closing Credit*
$489,900
1,240 SqFt
3 Beds
•1 Full Bath, 1 Partial
Jay Cannone, Listing Office: William Raveis Real Estate
Is Trumbull, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 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
$276/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$72,875(+13.6%)
Key Takeaway
Homes in Trumbull have sold for 13.6% more than they did a year ago.
Summary: The median home sold price in Trumbull was $607,875 in September 2024, up 13.6% from last year, and the median price per square foot was $276.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $379.9K | $350K | -7.9% |
| 2 Bedrooms | $428K | $470K | +9.8% |
| 3 Bedrooms | $515K | $545K | +5.8% |
| 4 Bedrooms | $670.9K | $705K | +5.1% |
| 5+ Bedrooms | $650K | $803K | +23.5% |
Summary: Trumbull housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.9%, 2 bedroom homes increased by 9.8%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 23.5%.
Median Sold Price Compared To Nearby Cities
| Bridgeport | $305.6K | $350.4K | +14.6% |
| Trumbull | $535K | $607.8K | +13.6% |
| Stratford | $375K | $418.2K | +11.5% |
| Shelton | $444.5K | $488.6K | +9.9% |
| Easton | $860K | $940K | +9.3% |
Housing Supply in Trumbull, CT
How many homes are available in Trumbull, CT?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 127 | 102 | -19.7% |
Summary: The Trumbull real estate market had 102 homes for sale in September 2024, a 19.7% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 16 | 11 | -31.3% |
| 3 Bedrooms | 52 | 44 | -15.4% |
| 4 Bedrooms | 51 | 41 | -19.6% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Trumbull housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 31.3%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 19.6%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 50 | 32 | -36.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Trumbull, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 32 homes were sold or pending in Trumbull in September 2024, down by 36.0% month-over-month. Of the 32 sold homes, 25% were sold under asking, 13% were sold at asking, and 63% 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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