Is North Haven, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Haven is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, North Haven has remained a Seller's Market.

Key Takeaway

North Haven is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in North Haven, CT

How much do homes in North Haven, CT cost?

Median Sold Price

$415,294

$230/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$24,194(+6.2%)

Key Takeaway

Homes in North Haven have sold for 6.2% more than they did a year ago.

Summary: The median home sold price in North Haven was $415,294 in May 2024, up 6.2% from last year, and the median price per square foot was $230.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $250K$86K
-65.6%
2 $290K$303K
+4.5%
3 $381.5K$415K
+8.8%
4 $484.9K$465K
-4.1%
5+ $502K$545K
+8.6%

Summary: North Haven housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 65.6%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 8.8%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes increased by 8.6%.

Median Sold Price Compared To Nearby Cities

North Branford
+10.3%
Northford
+7.7%
Hamden
+6.7%
Wallingford
+6.6%
North Haven
+6.2%

Housing Supply in North Haven, CT

How many homes are available in North Haven, CT?

Number of Homes For Sale

Apr 2024May 2024CHANGE
6374+17.5%

Summary: The North Haven real estate market had 74 homes for sale in May 2024, a 17.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 811
+37.5%
3 3743
+16.2%
4 1515
0.0%
5+ 35
+66.7%

Summary: The North Haven housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 37.5%, 3 bedroom homes increased by 16.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1823+27.8%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Haven, you could pay more than the asking price. 82.6% of homes here sold above asking price last month.

Summary: A total of 23 homes were sold or pending in North Haven in May 2024, up by 27.8% month-over-month. Of the 23 sold homes, 17% were sold under asking, 0% were sold at asking, and 83% were sold over asking.

Days on Market for North Haven, 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 1 Day Ago

Newest Listings in North Haven, CT

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