Bloomfield, CT Home Values & Market Trends

Real estate market trends reflect that there have been 238 transactions over the past year in Bloomfield. The median value for residential home transactions that occurred over the previous year is $313,110.04. The number of current listings in Bloomfield is 8, and the percentage of properties for sale in the city is 8.00%. Bloomfield, CT currently has 15 properties in foreclosure, 1 bank owned properties, 4 properties headed for auction, and 8 properties for sale.

Bloomfield, CT Real Estate Market Overview

ZipMedian Est. Value
06002

$ 374,949

$ 159/sqft

Housing Market Summary for Bloomfield, CT

Apr 2023March 2024Change
Median Listing Price$251K$295K17.53%
Median Sold Price$285.2K$295K3.44%
Homes For Sale1410-28.57%
Homes Sold11280-28.57%
Price
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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 Bloomfield, CT

Bloomfield home values range from $49,484 to $873,874. The median estimated value of a home in Bloomfield is $313,110.04. The median list price of a home is 347,400, and the total count of properties in the city is 7,233.

Foreclosure
There is 1 zips within Bloomfield, CT; within this zips, the median estimated home value for homes in foreclosure ranges from $416,500 in 06002 to the lowest value of $136,962 in 06002. Foreclosure homes account for 0.00% of properties in Bloomfield, CT with 06002 containing 15 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.14% of all residential properties in Bloomfield, CT with 06002 containing 10 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Bloomfield, CT; of that zips, the estimated home value for pre-foreclosure homes ranges from $416,500 in 06002 to the lowest home value of $136,962 in 06002.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Bloomfield, CT ranges from the highest value of $317,600 in 06002 to the lowest value of $317,600 in 06002. Bank owned homes and properties account for 0.01% of properties in Bloomfield, CT. There is 1 zips within Bloomfield, CT; 06002 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    06002 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Bloomfield, CT. Auction homes and other auction properties account for 0.06% of all properties in Bloomfield, CT. There is 1 zips within Bloomfield, CT; of that zips, the median estimated home value for homes going to auction ranges from $375,250 in 06002 to the lowest value of $281,250 in 06002.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.11% of residential properties in Bloomfield, CT with 06002 containing 8 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Bloomfield, CT; homes for sale in that zips, have a range of median values from $583,250 in 06002 to the lowest value of $182,380 in 06002.
    Sold Homes
    The median value for recently sold homes ranges from $784,274 in 06002 to the lowest price of $70,652 in 06002. There is 1 zips within Bloomfield, CT. 06002 has 87 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.20% of properties in Bloomfield, CT.

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      Guide for Bloomfield, CT

      Market Reports
      Hartford, New York – Real Estate Market Snapshot, April 2024
      Home Buying Financing
      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through 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.

      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Financing|posted 23 April 2024

      Sometime we need to make changes to our budget to cope with higher interest rates. Here are some tips!

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      Recently Listed Homes Bloomfield, CT

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