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Featured local agent — Route 7 Gateway, CT
Sarah Mitchell
Compass Real Estate · Route 7 Gateway, CT
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Route 7 Gateway, CT Housing Market & Real Estate
Housing market overview · Updated monthly ·
$827,000median sale price
How is the Route 7 Gateway, CT housing market right now?
The median home sale price in Route 7 Gateway, CT is $827,000, down 24.1% year-over-year. Homes sell in an average of 164 days with 2 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 Route 7 Gateway a buyer's or seller's market?
Route 7 Gateway, CT is currently a seller's market, based on 1.0 months of supply and homes selling in about 164 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
164
Average pace
Active listings
2
1.0 months supply
Sale-to-list
98.8%
Below asking
What does the Route 7 Gateway housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $827,000 |
| Year-over-year price change | -24.1% |
| Average days on market | 164 days |
| Active inventory | 2 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 98.8% |
| Median price per sq ft | $350/sq ft |
| Homes sold (latest month) | 2 |
| Listings with a price cut | 50.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Route 7 Gateway by property type?
How the Route 7 Gateway, 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 | $1.22M | $402/sq ft | 1 | 320 days |
| Condo / Co-op | $435,000 | $298/sq ft | 1 | 7 days |
Source: Redfin · Updated monthly
The Route 7 Gateway housing market is currently classified as a seller's market with a median sale price of $827,000. Prices have fallen 24.1% compared to last year, with homes spending an average of 164 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Route 7 Gateway
There are currently 2 homes listed for sale in Route 7 Gateway, Connecticut.
Active listings
2
Homes on market
Avg. days on market
164
Days until sale
Who lives in Route 7 Gateway?
Population
1,032
Median income
$132,188/yr
Median age
51.7 years
Owner-occupied
54.8%
College grads
52.2%
Source: U.S. Census Bureau ACS
What is it like to live in Route 7 Gateway?
Route 7 Gateway is a community of approximately 1K residents with a median age of 51.7 years.The median household income is $132,188, which reflects a relatively affluent area with strong earning potential. 52.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 54.8%, showing a blend of owner and renter-occupied properties.Overall, Route 7 Gateway offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Route 7 Gateway, CT?
Want a head-to-head view? Compare Route 7 Gateway side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Route 7 Gateway?
The median home sale price in Route 7 Gateway is $827,000, down 24.1% from last year.
How long do homes stay on market in Route 7 Gateway?
Homes typically spend 164 days on market before going under contract.
What is the median income in Route 7 Gateway?
The median household income is $132,188 per year.
Is Route 7 Gateway a buyer's or seller's market?
With 1.0 months of supply, Route 7 Gateway is currently a seller's market.
What is the median condo price in Route 7 Gateway?
The median condo/co-op sale price in Route 7 Gateway, CT is $435,000, compared to $1.22M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Route 7 Gateway?
The median single-family home price in Route 7 Gateway, CT is $1.22M (about $402 per square foot).
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