New Britain, CT Home Values & Market Trends
Real estate market trends reflect that there have been 693 transactions over the past year in New Britain. The median value for residential home transactions that occurred over the previous year is $265,093.67. The number of current listings in New Britain is 26, and the percentage of properties for sale in the city is 26.00%. New Britain, CT currently has 24 properties in foreclosure, 3 bank owned properties, 5 properties headed for auction, and 26 properties for sale.
New Britain, CT Real Estate Market Overview
Housing Market Summary for New Britain, CT
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $272.4K | $258K | -5.29% |
| Median Sold Price | $229.8K | $258K | 12.27% |
| Homes For Sale | 40 | 24 | -40.00% |
| Homes Sold | 276 | 272 | -1.45% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in New Britain, CT
Browse Homes in New Britain, CT
New Britain home values range from $33,912 to $756,400. The median estimated value of a home in New Britain is $265,093.67. The median list price of a home is 244,900, and the total count of properties in the city is 15,011.
- Pre-ForeclosurePre-foreclosure homes account for 0.11% of all residential properties in New Britain, CT with 06053 containing 8 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within New Britain, CT; of those zips, the estimated home value for pre-foreclosure homes ranges from $304,000 in 06051 to the lowest home value of $160,736 in 06053.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in New Britain, CT ranges from the highest value of $324,000 in 06052 to the lowest value of $271,750 in 06053. Bank owned homes and properties account for 0.02% of properties in New Britain, CT. There are 3 zips within New Britain, CT; 06052 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions06053 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of New Britain, CT. Auction homes and other auction properties account for 0.03% of all properties in New Britain, CT. There are 3 zips within New Britain, CT; of those zips, the median estimated home value for homes going to auction ranges from $255,500 in 06052 to the lowest value of $242,250 in 06052.
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Guide for New Britain, CT
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