$5,105 Closing Credit*
$429,900
1,660 SqFt
3 Beds
•1 Full Bath, 1 Partial
Joe Snell, Listing Office: Luxe Realty LLC
Is Wethersfield, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Wethersfield has remained a Seller's Market.
Key Takeaway
Wethersfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wethersfield, CT
How much do homes in Wethersfield, CT cost?
Median Sold Price
$362,500
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,062(+7.4%)
Key Takeaway
Homes in Wethersfield have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in Wethersfield was $362,500 in October 2024, up 7.4% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $114.5K | $125K | +9.2% |
| 2 Bedrooms | $258K | $296K | +14.7% |
| 3 Bedrooms | $333K | $361.7K | +8.6% |
| 4 Bedrooms | $461K | $517.5K | +12.3% |
| 5+ Bedrooms | $455K | $475K | +4.4% |
Summary: Wethersfield housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.2%, 2 bedroom homes increased by 14.7%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 4.4%.
Median Sold Price Compared To Nearby Cities
| Hartford | $250K | $289.9K | +16.0% |
| East Hartford | $250K | $280K | +12.0% |
| Rocky Hill | $317.5K | $350K | +10.2% |
| Newington | $300K | $325K | +8.3% |
| Wethersfield | $337.4K | $362.5K | +7.4% |
Housing Supply in Wethersfield, CT
How many homes are available in Wethersfield, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 70 | 50 | -28.6% |
Summary: The Wethersfield real estate market had 50 homes for sale in October 2024, a 28.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 15 | +50.0% |
| 3 Bedrooms | 40 | 24 | -40.0% |
| 4 Bedrooms | 15 | 8 | -46.7% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Wethersfield 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 increased by 50%, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 46.7%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 15 | -44.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wethersfield, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in Wethersfield in October 2024, down by 44.4% month-over-month. Of the 15 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Wethersfield, CT
We’re sorry, we don't have information for this market at the moment
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