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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Waterbury is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Waterbury, CT

How much do homes in Waterbury, CT cost?

Median Sold Price

$267,535

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,535(+10.6%)

Key Takeaway

Homes in Waterbury have sold for 10.6% more than they did a year ago.

Summary: The median home sold price in Waterbury was $267,535 in November 2024, up 10.6% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $97.5K$132.5K
+35.9%
2 $180K$205K
+13.9%
3 $250K$275K
+10.0%
4 $265K$295K
+11.3%
5+ $305K$360K
+18.0%

Summary: Waterbury housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.9%, 2 bedroom homes increased by 13.9%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 18%.

Median Sold Price Compared To Nearby Cities

Wolcott
+14.4%
Oakville
+13.7%
Waterbury
+10.6%
Prospect
+9.6%
Naugatuck
+3.3%

Housing Supply in Waterbury, CT

How many homes are available in Waterbury, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
390374-4.1%

Summary: The Waterbury real estate market had 374 homes for sale in November 2024, a 4.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 2020
0.0%
2 8383
0.0%
3 145140
-3.4%
4 6054
-10.0%
5+ 8277
-6.1%

Summary: The Waterbury 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 remained the same, 3 bedroom homes decreased by 3.4%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 6.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
8674-14.0%

Asking Price vs. Sold Price

31 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

34 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Waterbury, you could pay more than the asking price. 45.9% of homes here sold above asking price last month.

Summary: A total of 74 homes were sold or pending in Waterbury in November 2024, down by 14.0% month-over-month. Of the 74 sold homes, 42% were sold under asking, 12% were sold at asking, and 46% were sold over asking.

Days on Market for Waterbury, 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 Waterbury, CT

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