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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Warren is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Warren was a Seller's Market.

Key Takeaway

Warren is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Warren, CT

How much do homes in Warren, CT cost?

Median Sold Price

$476,950

$272/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$135,550(-22.1%)

Key Takeaway

Homes in Warren have sold for 22.1% less than they did a month ago.

Summary: The median home sold price in Warren was $476,950 in November 2024, down 22.1% from last month, and the median price per square foot was $272.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $500K-
N/A
3 $725K$476.9K
-34.2%
4 $825K-
N/A
5+ --
N/A

Summary: Warren housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 34.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

New Preston Marble Dale
-16.1%
Cornwall Bridge
-18.5%
Warren
-22.1%

Housing Supply in Warren, CT

How many homes are available in Warren, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1512-20.0%

Summary: The Warren real estate market had 12 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 32
-33.3%
4 64
-33.3%
5+ 45
+25.0%

Summary: The Warren 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 50%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Warren, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Warren in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Warren, 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 17 Days Ago

Newest Listings in Warren, CT

Nearby Markets to Warren, CT

What housing markets are near Warren, CT?