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Is Northfield, CT 06778 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Northfield is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list99.9%Share of sales, last 3 months
Median sale-to-list110.3%Sold price ÷ list price
Median days on market69Listing to accepted offer
Median price per sq ft$230▼ −8.9% vs. last year

The Northfield housing market right now

In the three months ending August 31, 2026, 100% of homes in Northfield, CT 06778 sold above their list price and the typical home went under contract in 69 days. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 50%, homes sold more slowly (57 days then) and the median sale price fell 13% to $523,773. Overall, Northfield is more competitive than a year ago, so tougher for buyers.

Within Litchfield County, homes here sell more slowly than in 69% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.

Nearby, buyers who want less competition could look at Cornwall Bridge 06754 (0% sold over asking) or East Canaan 06024 (0% sold over asking).

Run the numbers for 06778

Prefilled for 06778Can I win this house?Multiple-offer likelihood for a listing Prefilled for 06778Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bantam 06750Buyer’s market $320 /sq ftBarkhamsted 06063Seller’s market $231 /sq ftBethlehem 06751Seller’s market $249 /sq ftBridgewater 06752Seller’s market $335 /sq ft Browse all markets →

Towns like Northfield nearby

Find towns like Northfield in other states →
Millerton, NY12546 · 27 miles away73% similarlarger · more renters Plymouth, CT06782 · 5 miles away72% similarhigher income ($43K more) · older homes Russell, MA01071 · 33 miles away71% similarhigher income ($30K more) · 10 min longer commute Middlefield, CT06455 · 24 miles away70% similarpricier homes ($67K more) · larger

Where Northfield is

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Questions about Northfield real estate

How fast do homes sell in Northfield?

The typical home went under contract in 69 days in the latest three months.

Do homes in Northfield sell over asking?

100% of homes sold above their original list price, and the typical sale closed at 110.3% of the list price.

What is the median home price in Northfield?

The median sale price was $523,773 in the three months ending August 31, 2026, about $230 per square foot.

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