Litchfield, CT Home Values & Market Trends
Real estate market trends reflect that there have been 101 transactions over the past year in Litchfield. The median value for residential home transactions that occurred over the previous year is $490,420.13. The number of current listings in Litchfield is 10, and the percentage of properties for sale in the city is 10.00%. Litchfield, CT currently has 3 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 10 properties for sale.
Litchfield, CT Real Estate Market Overview
Zip | Median Est. Value |
---|---|
06759 | $ 688,500 $ 272/sqft |
Housing Market Summary for Litchfield, CT
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $477K | $516.8K | 8.34% |
Median Sold Price | $370.6K | $516.8K | 39.44% |
Homes For Sale | 14 | 11 | -21.43% |
Homes Sold | 26 | 43 | 65.38% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Litchfield, CT
Browse Homes in Litchfield, CT
Litchfield home values range from $95,702 to $3,011,700. The median estimated value of a home in Litchfield is $490,420.13. The median list price of a home is 699,500, and the total count of properties in the city is 2,267.
- Pre-ForeclosurePre-foreclosure homes account for 0.09% of all residential properties in Litchfield, CT with 06759 containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Litchfield, CT; of that zips, the estimated home value for pre-foreclosure homes ranges from $723,600 in 06759 to the lowest home value of $558,100 in 06759.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Litchfield, CT ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Litchfield, CT. There is 1 zips within Litchfield, CT; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions06759 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Litchfield, CT. Auction homes and other auction properties account for 0.04% of all properties in Litchfield, CT. There is 1 zips within Litchfield, CT; of that zips, the median estimated home value for homes going to auction ranges from $348,200 in 06759 to the lowest value of $348,200 in 06759.
Compare Nearby Cities
More Real Estate Resources for Litchfield, CT
Guide for Litchfield, CT
This blog post provides a detailed analysis of Hartford, Connecticut’s real estate market as of March 2024.
Sometime we need to make changes to our budget to cope with higher interest rates. Here are some tips!
When house prices increase near good school, what options do home buyer have?
Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.