Is West Cornwall, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Cornwall is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in West Cornwall, CT

How much do homes in West Cornwall, CT cost?

Median Sold Price

$1,110,000

$475/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$302,500(+37.5%)

Key Takeaway

Homes in West Cornwall have sold for 37.5% more than they did a year ago.

Summary: The median home sold price in West Cornwall was $1,110,000 in October 2024, up 37.5% from last year, and the median price per square foot was $475.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$200K
N/A
2 $362.5K$899K
+148.0%
3 $1.0M$1.1M
+10.2%
4 $1.1M$660K
-43.7%
5+ $3.7M$2.0M
-43.9%

Summary: West Cornwall housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 148%, 3 bedroom homes increased by 10.2%, 4 bedroom homes decreased by 43.7%, and 5+ bedroom homes decreased by 43.9%.

Median Sold Price Compared To Nearby Cities

Cornwall
+43.6%
West Cornwall
+37.5%
Goshen
+12.3%
Falls Village
-1.4%
Sharon
-9.4%

Housing Supply in West Cornwall, CT

How many homes are available in West Cornwall, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
990.0%

Summary: The West Cornwall real estate market had 9 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 43
-25.0%
4 23
+50.0%
5+ 22
0.0%

Summary: The West Cornwall housing inventory by bedroom type for October 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 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

3 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 West Cornwall, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in West Cornwall in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for West Cornwall, 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 West Cornwall, CT

Nearby Markets to West Cornwall, CT

What housing markets are near West Cornwall, CT?