Is Coventry, CT 06238 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Coventry is a seller’s market. With about 1.4 months of supply and 64% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score91/ 100

More competitive than 96% of U.S. ZIP codes, and #45 of 197 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply1.4Under 4 months = seller’s market
Sold above original list63.6%Share of sales, last 3 months
Median sale-to-list104%Sold price ÷ list price
Median days on market26Listing to accepted offer
Median price per sq ft$244▲ +9.9% vs. last year

The Coventry housing market right now

In the three months ending August 31, 2026, 64% of homes in Coventry, CT 06238 sold above their list price, the typical home went under contract in 26 days and there were 1.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 57 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 75%, homes sold more slowly (22 days then) and the median sale price fell 3% to $389,831. Overall, Coventry is less competitive than a year ago, which gives buyers more room.

Within Tolland County, homes here sell more slowly than in 69% of the county’s ZIP codes, and sell less often over asking than in 62%. On our competition score, Coventry ranks #45 of 197 CT ZIP codes with enough sales (score 91 out of 100).

Nearby, buyers who want less competition could look at Storrs Mansfield 06268 (50% sold over asking) or Andover 06232 (50% sold over asking), while Bolton 06043 (82% sold over asking) and Amston 06231 (82% sold over asking) are even more competitive.

Nearby markets

Amston 06231Seller’s market $255 /sq ftAndover 06232Balanced $249 /sq ftBolton 06043Seller’s market $257 /sq ftColumbia 06237Seller’s market $243 /sq ft Browse all markets →

Where Coventry is

Loading map…

Questions about Coventry real estate

Is Coventry a buyer’s or seller’s market?

A seller’s market: there were 1.4 months of supply in Coventry, CT 06238 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Coventry?

The typical home went under contract in 26 days in the latest three months.

Do homes in Coventry sell over asking?

64% of homes sold above their original list price, and the typical sale closed at 104.0% of the list price.

What is the median home price in Coventry?

The median sale price was $389,831 in the three months ending August 31, 2026, about $244 per square foot.

No sponsored agents in 06238 yet. Are you an agent here? Put your name in front of local buyers.

More tools for 06238

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology