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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodbridge is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Woodbridge was a Seller's Market.

Key Takeaway

Woodbridge is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Woodbridge, CT

How much do homes in Woodbridge, CT cost?

Median Sold Price

$619,250

$227/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$10,750(-1.7%)

Key Takeaway

Homes in Woodbridge have sold for 1.7% less than they did a year ago.

Summary: The median home sold price in Woodbridge was $619,250 in October 2024, down 1.7% from last year, and the median price per square foot was $227.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$400K
N/A
2 $320K$418.3K
+30.7%
3 $555K$545K
-1.8%
4 $727.5K$725K
-0.3%
5+ $795K$915K
+15.1%

Summary: Woodbridge 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 30.7%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 15.1%.

Median Sold Price Compared To Nearby Cities

Ansonia
+23.0%
Seymour
+10.0%
Hamden
+8.6%
Woodbridge
-1.7%
Bethany
-3.1%

Housing Supply in Woodbridge, CT

How many homes are available in Woodbridge, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4543-4.4%

Summary: The Woodbridge real estate market had 43 homes for sale in October 2024, a 4.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 1816
-11.1%
4 1617
+6.3%
5+ 119
-18.2%

Summary: The Woodbridge 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 100%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 18.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
770.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodbridge, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Woodbridge in October 2024, the same as the previous month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.

Days on Market for Woodbridge, 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 Woodbridge, CT

Nearby Markets to Woodbridge, CT

What housing markets are near Woodbridge, CT?