Is Bethel, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Bethel has remained a Seller's Market.
Housing Prices in Bethel, CT
How much do homes in Bethel, CT cost?
Median Sold Price
$478,450
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Bethel was $478,450 in May 2024, up 1.8% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $225K | $245K | +8.9% |
2 Bedrooms | $331.5K | $401.2K | +21.0% |
3 Bedrooms | $469.5K | $467.5K | -0.4% |
4 Bedrooms | $570K | $580K | +1.8% |
5+ Bedrooms | $451K | $650K | +44.1% |
Summary: Bethel housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.9%, 2 bedroom homes increased by 21%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 44.1%.
Median Sold Price Compared To Nearby Cities
Brookfield | $490K | $530K | +8.2% |
Bethel | $470K | $478.4K | +1.8% |
Danbury | $422.6K | $426.5K | +0.9% |
Redding | $805K | $789K | -2.0% |
Housing Supply in Bethel, CT
How many homes are available in Bethel, CT?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
69 | 77 | +11.6% |
Summary: The Bethel real estate market had 77 homes for sale in May 2024, a 11.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 12 | 9 | -25.0% |
3 Bedrooms | 30 | 32 | +6.7% |
4 Bedrooms | 19 | 26 | +36.8% |
5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Bethel housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 36.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 | 19 | +46.2% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Bethel in May 2024, up by 46.2% month-over-month. Of the 19 sold homes, 47% were sold under asking, 11% were sold at asking, and 42% were sold over asking.
Days on Market for Bethel, CT
We’re sorry, we don't have information for this market at the moment