Bethel, CT 06801 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The neighborhood's primary market signal is the median sold price of 450,000, which indicates current market value based on completed transactions; combined with a median days on market of 340, this suggests slower sales velocity despite an overall hot market temperature, implying pricing is holding but transactions are taking longer to close.
2. Pricing depth is supported by a median price per square foot of 289, which frames recent comps for underwriting and listing strategies and suggests sellers should align expectations to this per-square-foot benchmark rather than asking-price aspirations.
3. Liquidity context appears mixed: sampled supply in the dataset points to relatively constrained active supply versus recent sales and, together with the long median days on market, may indicate pricing friction that sellers should address through targeted pricing or concessions while buyers can expect more time in market negotiations.
4. Macro financing and rental context: rent trends are positive with a median market rent of 2,800 and interest rate pressure is moderate (30-year fixed rates averaging approximately 6.4%), which supports steady investor interest but calls for cautious underwriting on rate-sensitive deals; consider locking rates or stress-testing offers at current prevailing rates.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.