North Branford, CT Home Values & Market Trends
Real estate market trends reflect that there have been 81 transactions over the past year in North Branford. The median value for residential home transactions that occurred over the previous year is $382,825.59. The number of current listings in North Branford is 8, and the percentage of properties for sale in the city is 8.00%. North Branford, CT currently has 5 properties in foreclosure, 0 bank owned properties, 3 properties headed for auction, and 8 properties for sale.
North Branford, CT Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 06471 | $ 425,000 $ 196/sqft |
Housing Market Summary for North Branford, CT
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $350K | $314.2K | -10.22% |
| Median Sold Price | $324.9K | $314.2K | -3.28% |
| Homes For Sale | 9 | 7 | -22.22% |
| Homes Sold | 27 | 35 | 29.63% |
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 North Branford, CT
Browse Homes in North Branford, CT
North Branford home values range from $106,356 to $871,700. The median estimated value of a home in North Branford is $382,825.59. The median list price of a home is 319,950, and the total count of properties in the city is 2,612.
- Pre-ForeclosurePre-foreclosure homes account for 0.08% of all residential properties in North Branford, CT with 06471 containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within North Branford, CT; of that zips, the estimated home value for pre-foreclosure homes ranges from $382,200 in 06471 to the lowest home value of $189,718 in 06471.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in North Branford, 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 North Branford, CT. There is 1 zips within North Branford, CT; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions06471 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of North Branford, CT. Auction homes and other auction properties account for 0.11% of all properties in North Branford, CT. There is 1 zips within North Branford, CT; of that zips, the median estimated home value for homes going to auction ranges from $781,300 in 06471 to the lowest value of $354,200 in 06471.
Compare Nearby Cities
More Real Estate Resources for North Branford, CT
Guide for North Branford, CT
This blog post provides a detailed analysis of Hartford, Connecticut’s real estate market as of March 2024.
The real estate market in Plano, Texas, has shown notable variations in the average property values within the past year. It has been observed that the average home value peaked in September 2023, followed by a decline by February 2024. Despite this, the sale price per square foot remains relatively steady. Property values and sale prices in neighboring cities also exhibit unique trends, signaling the influence of local economic conditions and buyer preferences.
The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.
An analysis of the Tallahassee real estate market from April 2023 to March 2024 shows fluctuating property values and sale prices, yet consistently strong market activity, indicating a healthy and dynamic property landscape.