Is Kent, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Kent was a Seller's Market.
Housing Prices in Kent, CT
How much do homes in Kent, CT cost?
Median Sold Price
$590,000
$316/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Kent was $590,000 in May 2024, up 24.9% from last year, and the median price per square foot was $316.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $331.2K | N/A |
2 Bedrooms | $380K | $375K | -1.3% |
3 Bedrooms | $449K | $437.5K | -2.6% |
4 Bedrooms | $663K | $1.1M | +75.7% |
5+ Bedrooms | - | $1.3M | N/A |
Summary: Kent housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.3%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 75.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Kent | $472.5K | $590K | +24.9% |
Gaylordsville | $410.4K | $430K | +4.8% |
Cornwall Bridge | $495K | $507.5K | +2.5% |
Warren | $700K | $507.5K | -27.5% |
Housing Supply in Kent, CT
How many homes are available in Kent, CT?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 18 | -5.3% |
Summary: The Kent real estate market had 18 homes for sale in May 2024, a 5.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 11 | 9 | -18.2% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Kent 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 remained the same, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 2 | -60.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Kent in May 2024, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Kent, CT
We’re sorry, we don't have information for this market at the moment