Connecticut Real Estate Market in 2022: Forecasts + Trends

Clever Real Estate


Clever Real Estate

January 1st, 2022
Updated January 1st, 2022


Connecticut real estate trends

Real estate trends in Connecticut | Sellers | Buyers | Investors | The best and worst of Connecticut | Connecticut resources

Connecticut real estate trends (January 2022)

How is the real estate market in Connecticut?
🏠 Average home value: $329,911
📈 0.59% home value increase month over month
💰 Median sale price: $332,000
⏳ 46 days on the market
🔑 Homes on the market: 6,050
📆 0.8 months of housing inventory
🏦 30-year mortgage rate: 2.99%
💵 Average income: 78444
State of the market: B-
While the real estate market in Connecticut is far from bad, demand is decreasing as inventory builds up causing listing prices to start to decline.
*Data last updated January 2022

With rolling Appalachian mountains in the west and a rocky shoreline along the Long Island Sound, Connecticut's landscape has shaped its unique New England charm.

Residents enjoy spectacularly colorful foliage every autumn and rich local lore dating back to the Revolutionary War. Plus, the state's proximity to New York City makes it a popular choice for thousands of daily commuters.

Beyond its popularity with professionals, Connecticut's walkable communities and excellent public schools make it a great choice for families.

If you're thinking of buying or selling in Connecticut, these Connecticut housing predictions and stats can help you make an informed decision.

Want to save money when you buy or sell your home? With Clever, you'll only pay 1% or $3K in listing fees. Eligible buyers get 0.5% cash back after closing. Find out how much you can save with Clever today!

Selling a home in Connecticut

Connecticut real estate market forecast for sellers
⏰ Homes are selling 10.5 days slower than the annual average
💰 Homes are selling for $23,217 more than the annual average
💸 Average listing commission: 2.60%
💸 Average buyer's commission: 2.80%

How to sell a home in Connecticut

Cost to sell a home in Connecticut

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Buying a home in Connecticut

How much home you can buy with $300,000 in...
🏠 Hartford: 1,568 sq ft
🏡 : sq ft
🏡 New Haven: 1,445 sq ft
🏠 : sq ft

Investing in Connecticut real estate

Best of Connecticut

Each month, we compare cities in Connecticut based on different criteria. This month, we're looking at affordability and ranking the best cities in the state.

Most Affordable Cities in Connecticut
1. Hartford
2. Norwich-New London
3. New Haven-Milford

Ready to buy a home in Connecticut? Eligible buyers get cash back with Clever!

Worst of Connecticut

Each month, we compare cities in Connecticut based on a different criteria. This month we're looking at affordability data. These are the cities that ranked the worst in the state.

Least Affordable Cities in Connecticut
1. Waterbury
2. Bridgeport-Stamford-Norwalk
3. Torrington

Connecticut resources

👋 Next Steps: Talk to an expert!

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Frequently asked questions about Connecticut real estate

</p><p>Yes, Connecticut is a good state to invest real estate in. Bigger cities like Bridgeport and New Haven are prime areas, as people are always looking for housing in these cities. However, to maximize your investment, you must first understand your financing options and learn where the best neighborhoods in the state are. Learn more about it in our <a href="/real-estate-blog/real-estate-investing-guide/" rel="noopener noreferrer" target="_blank">guide to real estate investing</a>.<br>

</p><p>It could be a /real-estate-blog/the-best-time-to-buy-a-house-in-connecticut/. Even though listing prices are higher than average, the final sales prices tend to match or go under the estimated value of a property — meaning that there’s a lot of room to negotiate a good deal. On top of that, mortgage rates in the state are quite low. With the help of the right real estate agent, you could get a great deal on the perfect home.<br>


Clever's analysis of state market trends is based on local data from Zillow,, Redfin, S&P Global, the U.S. Census, and Clever surveys. Our team of over 20 real estate analysts from across the country research local markets and data to compile our "Best" and "Worst" rankings.

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