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 October 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

$265,131

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$27,445(+11.5%)

Key Takeaway

Homes in Waterbury have sold for 11.5% more than they did a year ago.

Summary: The median home sold price in Waterbury was $265,131 in October 2024, up 11.5% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $97.5K$135K
+38.5%
2 $173K$205K
+18.5%
3 $250K$275K
+10.0%
4 $260K$288K
+10.8%
5+ $299K$359K
+20.1%

Summary: Waterbury housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.5%, 2 bedroom homes increased by 18.5%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 20.1%.

Median Sold Price Compared To Nearby Cities

Wolcott
+14.9%
Oakville
+14.3%
Waterbury
+11.5%
Prospect
+8.8%
Naugatuck
+3.3%

Housing Supply in Waterbury, CT

How many homes are available in Waterbury, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
372376+1.1%

Summary: The Waterbury real estate market had 376 homes for sale in October 2024, a 1.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1019
+90.0%
2 7082
+17.1%
3 143139
-2.8%
4 6660
-9.1%
5+ 8376
-8.4%

Summary: The Waterbury housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 90%, 2 bedroom homes increased by 17.1%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 8.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
8676-11.6%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

43 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. 56.6% of homes here sold above asking price last month.

Summary: A total of 76 homes were sold or pending in Waterbury in October 2024, down by 11.6% month-over-month. Of the 76 sold homes, 33% were sold under asking, 11% were sold at asking, and 57% 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 16 Days Ago

Newest Listings in Waterbury, CT

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