Connecticut Home Values & Market Trends

There have been 42,946 properties sold in the Connecticut real estate market trends. Median home values in the Connecticut housing market are $370,811.64. The median residential home value for transactions over the last 12 months is 324,473.814. The State of Connecticut currently has 1,270 properties in foreclosure, 152 bank owned properties, and 400 headed for auction.

Connecticut Real Estate Market Overview

CountyMedian Est. ValueCountyMedian Est. Value
Fairfield

$ 601,500

$ 290/sqft

New London

$ 334,000

$ 199/sqft

New Haven

$ 334,400

$ 204/sqft

Tolland

$ 332,900

$ 195/sqft

Hartford

$ 300,000

$ 189/sqft

Middlesex

$ 423,825

$ 227/sqft

Litchfield

$ 384,999

$ 206/sqft

Windham

$ 298,250

$ 210/sqft

Housing Market Summary for Connecticut

Apr 2023March 2024Change
Median Listing Price$349.9K$341.2K-2.50%
Median Sold Price$308K$341.2K10.79%
Homes For Sale3,3032,712-17.89%
Homes Sold17,15917,2840.73%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Connecticut

There are currently 2,907 properties for sale in Connecticut. The current home value ranges in price from 1,415 to 49,500,000. The total count of properties in the state is 1,105,155, and the percentage of properties for sale is 2907.00%.

Foreclosure
There are 8 counties within Connecticut; within these counties, the median estimated home value for homes in foreclosure ranges from $609,500 in Hartford to the lowest value of $60,500 in Hartford. Foreclosure homes account for 0.00% of properties in Connecticut with New Haven containing 379 foreclosures, the highest number of foreclosure properties in a single county.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.06% of all residential properties in Connecticut with New Haven containing 224 pre-foreclosures, the highest number of pre-foreclosure properties in a single county. There are 8 counties within Connecticut; of those counties, the estimated home value for pre-foreclosure homes ranges from $1,520,000 in Litchfield to the lowest home value of $60,500 in Hartford.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Connecticut ranges from the highest value of $801,800 in Tolland to the lowest value of $111,500 in Hartford. Bank owned homes and properties account for 0.01% of properties in Connecticut. There are 8 counties within Connecticut; New Haven containing 48 REO properties, has the highest number of bank owned properties in a single county.
  • Auctions
    New Haven has 107 auction properties, the highest number of properties going to auction in a single county in the state of Connecticut. Auction homes and other auction properties account for 0.04% of all properties in Connecticut. There are 8 counties within Connecticut; of those counties, the median estimated home value for homes going to auction ranges from $877,700 in Tolland to the lowest value of $86,750 in Tolland.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.26% of residential properties in Connecticut with Fairfield containing 809 homes for sale, the highest number of listed properties in a single county. There are 8 counties within Connecticut; homes for sale in those counties, have a range of median values from $2,299,000 in Windham to the lowest value of $44,001 in New Haven.
    Sold Homes
    The median value for recently sold homes ranges from $1,985,665 in Windham to the lowest price of $20,210 in Windham. There are 8 counties within Connecticut. Hartford has 4425 recently sold homes, the highest number of recently sold properties in a single county. Recently sold homes and properties account for 1.53% of properties in Connecticut.

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      Guide for Connecticut

      Market Reports
      Hartford, New York – Real Estate Market Snapshot, April 2024
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports
      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
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      Hartford, New York – Real Estate Market Snapshot, April 2024
      Market Reports|posted 3 April 2024

      This blog post provides a detailed analysis of Hartford, Connecticut’s real estate market as of March 2024.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.