Is Thomaston, 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, Thomaston has remained a Seller's Market.
Key Takeaway
Thomaston is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Thomaston, CT
How much do homes in Thomaston, CT cost?
Median Sold Price
$287,000
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Thomaston have sold for 12.5% more than they did a year ago.
Summary: The median home sold price in Thomaston was $287,000 in May 2024, up 12.5% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $239K | - | N/A |
| 2 Bedrooms | $169K | $175.5K | +3.8% |
| 3 Bedrooms | $265K | $300K | +13.2% |
| 4 Bedrooms | $312.4K | $407.5K | +30.4% |
| 5+ Bedrooms | $308.8K | $340K | +10.1% |
Summary: Thomaston 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 increased by 3.8%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 30.4%, and 5+ bedroom homes increased by 10.1%.
Median Sold Price Compared To Nearby Cities
| Terryville | $255.2K | $307.5K | +20.5% |
| Plymouth | $259.9K | $300K | +15.4% |
| Watertown | $295K | $335K | +13.6% |
| Thomaston | $255K | $287K | +12.5% |
Housing Supply in Thomaston, CT
How many homes are available in Thomaston, CT?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 22 | 25 | +13.6% |
Summary: The Thomaston real estate market had 25 homes for sale in May 2024, a 13.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 12 | 14 | +16.7% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Thomaston 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 increased by 16.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 9 | +350.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Thomaston, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Thomaston in May 2024, up by 350.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Thomaston, CT
We’re sorry, we don't have information for this market at the moment
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