Is Enfield, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Enfield has remained a Seller's Market.
Housing Prices in Enfield, CT
How much do homes in Enfield, CT cost?
Median Sold Price
$280,500
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Enfield was $280,500 in April 2024, up 8% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $150.5K | $228K | +51.5% |
2 Bedrooms | $225K | $248K | +10.2% |
3 Bedrooms | $258.2K | $280K | +8.4% |
4 Bedrooms | $280K | $313.5K | +12.0% |
5+ Bedrooms | $277K | $329.5K | +19.0% |
Summary: Enfield housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 51.5%, 2 bedroom homes increased by 10.2%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 19%.
Median Sold Price Compared To Nearby Cities
Enfield | $259.6K | $280.5K | +8.0% |
Somers | $394.2K | $422.5K | +7.2% |
East Windsor | $280K | $290K | +3.6% |
Broad Brook | $330K | $330K | 0.0% |
Longmeadow | $465K | $463.2K | -0.4% |
Housing Supply in Enfield, CT
How many homes are available in Enfield, CT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
123 | 125 | +1.6% |
Summary: The Enfield real estate market had 125 homes for sale in April 2024, a 1.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 25 | 25 | 0.0% |
3 Bedrooms | 59 | 57 | -3.4% |
4 Bedrooms | 30 | 33 | +10.0% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Enfield housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
42 | 51 | +21.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
41 Homes Were Sold
Over Asking
Summary: A total of 51 homes were sold or pending in Enfield in April 2024, up by 21.4% month-over-month. Of the 51 sold homes, 6% were sold under asking, 14% were sold at asking, and 80% were sold over asking.
Days on Market for Enfield, CT
We’re sorry, we don't have information for this market at the moment