The Old Greenwich housing market is very competitive. Homes in Old Greenwich receive 2 offers on average and sell in around 14 days. The median sale price of a home in Old Greenwich was $3.1M last month, down 18.5% since last year. The median sale price per square foot in Old Greenwich is $962, up 16.8% since last year.
What is the housing market like in Old Greenwich today?
In August 2024, Old Greenwich home prices were down 18.5% compared to last year, selling for a median price of $3.1M. On average, homes in Old Greenwich sell after 14 days on the market compared to 22 days last year. There were 10 homes sold in August this year, up from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$3,125,000
-18.5% YoY | Aug 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2024
Growth
% YoY
Old Greenwich, CT
$3,125,000
-18.5%
United States
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How hot is the Old Greenwich housing market?
Old Greenwich is very competitive. Homes sell in 14 days.
0
100
86
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 4% above list price and go pending in around 14 days.
Hot homes
can sell for about 9% above list price and go pending in around 10 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Old Greenwich housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Old Greenwich.
Flood Factor - Moderate
49% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Old Greenwich has a moderate risk of flooding. 854 properties in Old Greenwich are likely to be
severely affected
by flooding over the next 30 years. This represents 49% of all properties in Old Greenwich. Flood risk is increasing faster than the national average.
78% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Old Greenwich has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Old Greenwich is most at risk from hurricanes. 1,847 properties in Old Greenwich have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 119 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 138 mph.