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Featured local agent — New Preston, CT
Sarah Mitchell
Compass Real Estate · New Preston, CT
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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New Preston, CT Housing Market & Real Estate
Housing market overview · Updated monthly ·
$562,500median sale price
How is the New Preston, CT housing market right now?
The median home sale price in New Preston, CT is $562,500, up 38.9% year-over-year. Homes sell in an average of 45 days with 10 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is New Preston a buyer's or seller's market?
New Preston, CT is currently a seller's market, based on 2.5 months of supply and homes selling in about 45 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
45
Average pace
Active listings
10
2.5 months supply
Sale-to-list
102.4%
Above asking
What does the New Preston housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $562,500 |
| Median list price | $699,000 |
| Year-over-year price change | +38.9% |
| Average days on market | 45 days |
| Active inventory | 10 listings |
| Months of supply | 2.5 months |
| Sale-to-list price ratio | 102.4% |
| Median price per sq ft | $278/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 7 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in New Preston by property type?
How the New Preston, CT market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $658,500 | $351/sq ft | 2 | 45 days |
| Condo / Co-op | $525,000 | $315/sq ft | 1 | 32 days |
Source: Redfin · Updated monthly
The New Preston housing market is currently classified as a seller's market with a median sale price of $562,500. Prices have risen 38.9% compared to last year, with homes spending an average of 45 days on market, indicating 2.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 11.6x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in New Preston
There are currently 10 homes listed for sale in New Preston, Connecticut. The median listing price is $699K.
Active listings
10
Homes on market
Median list price
$699K
Avg. days on market
45
Days until sale
New this week
7
Newly listed
Who lives in New Preston?
Population
1,121
Median income
$60,526/yr
Median age
51.3 years
Owner-occupied
80.6%
College grads
58.1%
Avg commute
22.7 min
Source: U.S. Census Bureau ACS
What are homes worth in New Preston?
Zillow home value
$699,779
Price-to-income
11.6x
Source: Zillow Research
What is it like to live in New Preston?
New Preston is a community of approximately 1K residents with a median age of 51.3 years.The median household income is $60,526, which represents a working-class community with solid middle-income opportunities. 58.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 80.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, New Preston offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near New Preston, CT?
Want a head-to-head view? Compare New Preston side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in New Preston?
The median home sale price in New Preston is $562,500, up 38.9% from last year.
How long do homes stay on market in New Preston?
Homes typically spend 45 days on market before going under contract.
What is the median income in New Preston?
The median household income is $60,526 per year.
Is New Preston a buyer's or seller's market?
With 2.5 months of supply, New Preston is currently a seller's market.
What is the Zillow home value estimate for New Preston?
The Zillow Home Value Index (ZHVI) for New Preston is $699,779, representing the typical home value in the area.
What is the median condo price in New Preston?
The median condo/co-op sale price in New Preston, CT is $525,000, compared to $658,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in New Preston?
The median single-family home price in New Preston, CT is $658,500 (about $351 per square foot).
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