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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Westville is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Westville, CT

How much do homes in Westville, CT cost?

Median Sold Price

$465,000

$216/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$40,000(+9.4%)

Key Takeaway

Homes in Westville have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in Westville was $465,000 in October 2024, up 9.4% from last year, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $125K$169.5K
+35.6%
2 $230.7K$286K
+23.9%
3 $400K$455K
+13.8%
4 $500K$480K
-4.0%
5+ $530K$650K
+22.6%

Summary: Westville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.6%, 2 bedroom homes increased by 23.9%, 3 bedroom homes increased by 13.8%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 22.6%.

Median Sold Price Compared To Nearby Neighborhoods

Beaver Hills
+12.9%
Westville
+9.4%

Housing Supply in Westville, CT

How many homes are available in Westville, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1317+30.8%

Summary: The Westville real estate market had 17 homes for sale in October 2024, a 30.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 65
-16.7%
4 56
+20.0%
5+ 15
+400.0%

Summary: The Westville 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 16.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 400%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Westville, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Westville in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Westville, 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 21 Days Ago

Newest Listings in Westville, CT

Nearby Markets to Westville, CT