Is Killingly, 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, Killingly has remained a Seller's Market.
Housing Prices in Killingly, CT
How much do homes in Killingly, CT cost?
Median Sold Price
$315,000
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Killingly was $315,000 in May 2024, up 10.3% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $89.7K | $263.5K | +193.6% |
2 Bedrooms | $205K | $272.5K | +32.9% |
3 Bedrooms | $286.9K | $336K | +17.1% |
4 Bedrooms | $320K | $330K | +3.1% |
5+ Bedrooms | $305K | $300K | -1.6% |
Summary: Killingly housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 193.6%, 2 bedroom homes increased by 32.9%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 1.6%.
Housing Supply in Killingly, CT
How many homes are available in Killingly, CT?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
54 | 57 | +5.6% |
Summary: The Killingly real estate market had 57 homes for sale in May 2024, a 5.6% increase 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 | 11 | 6 | -45.5% |
3 Bedrooms | 21 | 27 | +28.6% |
4 Bedrooms | 10 | 13 | +30.0% |
5+ Bedrooms | 11 | 10 | -9.1% |
Summary: The Killingly 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 decreased by 45.5%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 30%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 17 | +13.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Killingly in May 2024, up by 13.3% month-over-month. Of the 17 sold homes, 24% were sold under asking, 12% were sold at asking, and 65% were sold over asking.
Days on Market for Killingly, CT
We’re sorry, we don't have information for this market at the moment