In the vibrant Connecticut housing market, February 2024 saw a notable rise in home prices, surging 13.2% from the previous year to reach a median price of $375,300. Despite this price hike, the market faced a slight dip in the number of homes sold, decreasing by 4.6%. The inventory squeeze tightened further with a 13.6% year-over-year drop in homes for sale, challenging both buyers and sellers to navigate a competitive landscape.
This dynamic has made the Connecticut market especially brisk, with over half of the homes selling above the list price—a clear indicator of a market tilted in favor of sellers, yet still presenting unique opportunities for well-informed buyers. With the housing supply at a lean 7,288 listings and newly listed homes down by 8.5%, the environment beckons for strategic moves by both parties.
The Connecticut housing market is still booming despite increased interest rates and low inventory. That’s great news for sellers, as long as they can afford to wait out the average 50-day period it takes to close on the sale.
Cash home buyers in Connecticut are a far more attractive option if you have to move fast, want to sell an unwanted inherited home, or are going through a divorce.
These sales skip all the delays associated with mortgage approvals and can help you avoid paying for expensive and time-consuming repairs before you sell your home. In some cases, you could save on closing costs, too.
If you’re serious about selling your home quickly, read on to find out more about the best companies that buy houses in Connecticut.
Discover your home’s worth online for free in minutes!
1. iBuyer.com
Offer in 24-48 hours
No commissions or fees
Close in 7 days
iBuyer helps you cast your net as wide as possible when searching for a cash buyer for your home. We work with real estate investors as well as home-buying companies to help you sell your home as fast as possible.
The process is as simple as possible when you work with these types of cash home buyers.
Our process works as follows:
You enter your home address on our online platform, fill out a simple form, and upload some photographs of your home. You’ll receive a home valuation within a few seconds of completing these three steps.
We send your information out to our network of buyers, and you’ll receive a no-obligation cash offer within the next few days. This offer is based on current real estate market conditions as well as your home’s age, location, and condition.
With iBuyer.com, you can close on your home sale within 7 days. You needn’t worry about mortgage approvals, home inspections, costly repairs, or lengthy negotiations.
The seller does not pay any closing costs, but the buyer will take these into account when making their offer.
This simple system helps you find a qualified and committed buyer as fast as possible, and we don’t charge a service fee for our efforts.
Main Benefits of iBuyer.com:
- All-cash offers
- Fast home sales
- No service fee
- No realtor commission
- No lengthy home inspection process
- Avoid home repairs and upgrades
- No home showings or staging costs
- Accurate, reasonable offers
Our website showcases many positive reviews from previous customers, but you can also visit Trustpilot for more. We have a 4.3-star rating out of five on this platform, based on 50 customer reviews.
Most customers praise our seamless process, responsiveness, and professionalism.
iBuyer.com is currently active in Bridgeport and the surrounding areas of Connecticut as well as in locations across the United States.
2. We Buy Houses In Connecticut
Buys House As-Is
No Realtors
No-Obligation All Cash Offer
We Buy Houses in Connecticut is a home-flipping company active throughout Connecticut. They’re legit home buyers who’ve been in business since 2016.
The company uses in-house contractors to carry out repairs. This helps them save on their costs, so they can offer sellers better prices.
Their process is straightforward and involves just three steps.
Sellers fill out an online form and provide the necessary information about their home. They meet with We Buy Houses in Connecticut representatives for a brief appraisal of the home and receive a no-obligation cash offer. Finally, We Buy Houses in Connecticut can close on your schedule in as little as 10 to 20 days.
They base their price on the after-repair value of your home minus the cost to repair it, closing costs, and their profit. There are no service fees involved.
We Buy Houses in Connecticut claims that it bases its business model on selling many houses at a small profit rather than getting as much as it can out of each deal.
Benefits:
- All-cash offers
- Competitive prices
- Fast closing times
- No closing costs
- No repairs or upgrades are necessary
- No agents commission
- No showings or staging costs
- Simple process
We Buy Houses in Connecticut has an A+ rating with the Better Business Bureau and a 5-star rating on Google reviews based on 21 reviews.
Their customers rave about their transparent, friendly, and caring service.
We Buy Houses in Connecticut buy houses across the state and in Westchester, New York.
3. Connecticut We Buy Houses
Buys House As-Is
No 6% Realtor Fee
Hassle Free
Connecticut We Buy Houses has been in business since 2001, so they’re a well-established and experienced operator. This company buys houses in any condition and repairs them for resale or rental.
They can assist homeowners facing foreclosure by negotiating with the banks to orchestrate a short sale with no closing costs to the seller. Connecticut We Buy Houses can also buy homes with outstanding liens and bad tenants.
They are a small company and will call you within hours of you filling out their online form. They usually make an offer within 24 hours of viewing the home.
Connecticut We Buy Houses does not advertise a time frame for closing, but they advertise that they can close within a few days or a few months. They allow you to lease the home back from them for a few months after the sale, if necessary.
They handle the process from start to finish with minimal involvement from the seller.
This company offers the following benefits to sellers:
- Quick, flexible sales
- Fair prices
- Buy houses as-is
- Fast, all-cash offers
- Hassle-free process
- Flexible closing dates
- Lease option
- Local insights
Connecticut We Buy Houses has 20 reviews and a 5-star rating on Google Reviews. They have a 5-star rating on Yelp thanks to one positive review and earn a 4.8/5 rating on Facebook reviews.
Reviewers praise their friendliness, quick service, and professionalism.
This company buys houses in major cities across the state of Connecticut.
4. Valley Residential Group
No-Obligation Fair Cash Offer
No Real Estate Agents
Close On Your Schedule
Valley Residential has been in business since 2007 and is a proudly local company well-versed in managing residential property sales. They can come up with an offer in under 48 hours and close within 5 days.
This company focuses on buying single-family homes, but they will also consider multi-family dwellings. They’re committed to orchestrating fast, efficient, and discreet sales and do not charge a service fee.
Their easy process has just four steps. You start by calling them or filling out an online form providing details about your home.
Next, they will send a representative to review your property and answer any questions you have. They make a no-obligation offer based on this assessment and will close according to your timeline.
They buy single- and multi-family homes, apartment buildings, and condos in any condition and price range, including those with structural issues and fire damage. They can assist with short-sale homes and tenant-occupied rental homes.
You don’t pay any closing costs when you sell your home to Valley Residential Group; they deduct all associated expenses from their offer.
You benefit from the following when you sell your home to this company:
- No need to declutter or clean the home
- No home inspections and costly repairs
- No time-consuming mortgage approval process
- No home appraisals
- No negotiating with buyers
- No agents commission
All the above add up to a fast, efficient, hassle-free home sale.
This company is BBB accredited with an A+ rating and a 5/5-star rating from 12 reviews. They have one 5-star review on Yelp and 32 reviews on Google, with a 5-star rating on this platform.
Customers praise their transparent, professional, and fast service.
Valley Residential Group is based in Plainville, CT, and buys houses across central Connecticut.
5. Freedom House Buyers
No Hidden Fees
No Repairs
No Commissions
Freedom House Buyer has sixteen years of experience paying cash for homes in Connecticut and over 1,000 happy customers to show for it.
Depending on the circumstances, this company can make a cash offer within hours and close in as little as five days, or according to a timeline that suits you.
Closing costs may include unpaid liens and taxes or HOA fees, pre-payment penalties, attorney fees, and conveyance taxes.
They buy houses in all price ranges and any condition. They can buy inherited homes, probate homes, tenant-occupied homes, and structurally damaged homes.
Freedom House Buyer offers an easy four-step process when selling your home. You can call them to submit your information or fill out their online form. They will get in touch to discuss your needs and then put together the best price for you within a few days.
If you accept the offer, they can close as fast as you need to. This company also has a flexible pricing methodology that takes your unique circumstances into account.
Most homeowners who sell to this company prefer a longer closing time, averaging 45 days.
These are the benefits of selling your home to this company:
- Hassle-free transactions
- As-is purchases
- No inspections
- No repairs necessary
- No agents commission
- No service fee
- Save on closing costs
- Fast all-cash offers
Freedom House Buyer has a 4.7 out of 5-star rating and 92 reviews on Google Reviews.
Customers were most impressed with their clear communications, excellent repair work, and caring service levels.
Freedom House Buyer has their base in Southington, CT, but they buy homes across Connecticut.
6. Ocean City Buys
Offers in 24 Hours
Fast Close
No Fees, No Commissions
Ocean City Development is a family-run company founded over 15 years ago and has purchased over 1,200 homes during that time.
They buy houses in any condition across the northeast, including those with termite damage, mold, fire damage, and unpaid tax liens. They can assist with rapid relocations, divorce sales, and inherited homes.
This company buys and flips houses. They base their offers on the after-repair value of your home, according to neighborhood comps.
They calculate their offer price by deducting the following from the ARV:
- Repair costs
- Closing costs
- Their profit
They don’t charge a fee for their services.
You can request an offer using their online form and receive a provisional offer within 30 seconds, or call them to discuss your needs.
Once they’ve reviewed the information provided, a representative will visit your home either in person or via a virtual walkthrough and make a final cash offer.
If you’re agreeable, they can close within seven days, or according to your preferred timeline.
These are the benefits of selling your home to this Connecticut cash home buyer:
- They buy houses in any condition
- Simple process
- Flexible closing times
- No service fee
- No agent’s commission
- No cleaning, repairs, or staging
- Competitive all-cash offers
Ocean City Development has a rating of 4.33 out of 5 based on 59 reviews with the Better Business Bureau.
There are many online complaints about Ocean City Developments’ aggressive marketing tactics, which include junk mail and unsolicited SMSes.
Ocean City Buys is based in Wakefield, MA, and buys houses all over the northeast region of the USA, including:
- Connecticut
- Maine
- New Hampshire
- Massachusetts
- Rhode Island
7. We Buy Houzes Cash
No Closing Costs
Fair Cash Offer
No Repairs
We Buy Houzes Cash is a family-owned and run cash investor based in Connecticut.
They specialize in streamlining the home sales process for owners facing foreclosure, selling inherited properties, or who have back taxes. They advertise that they are the only cash investor with an extensive legal and financial background.
There are no hidden fees or contingencies involved when you sell your home to We Buy Houzes Cash.
The process works as follows:
- Fill in an online form with basic information
- They will call you to discuss further details
- They make a no-obligation cash offer for your home
- You choose your closing date and receive your cash
We buy Houzes cash are home flippers that base their offers on the after-repair value of your home. They use neighborhood comps to arrive at this figure and calculate their offer by deducting the repair costs.
They buy single-family homes, multi-family homes, apartments, and other investment properties in any condition, and can close in just seven days if necessary.
When you sell your home to We Buy Houzes Cash, you benefit from:
- Fast, all-cash offers
- No need to carry out repairs
- They pay closing costs
- No agent commissions
- No Contingencies
- Flexible closing times
- Their finance, law, and tax expertise
Despite having Google reviews listed on its website, this company does not have any reviews on Google. They also have no reviews on the Better Business Bureau.
This company is based in Farmington, CT, and buys houses in the following areas:
- Bloomfield
- Bristol
- Cromwell
- Durham
- East Heaven
- East Lime
- East Winsdor
- Eastford
- Easton Town
- New Britan
- New Haven
- Rock Hill
- Wallingford
- Waterbury
8. ASAP Cash Home Buyers CT
Risk Free No Obligation Offer
Buys Houses In All Type Of Condition
Buys In All 50 States
ASAP Cash Home Buyers started in Florida and has built a nationwide footprint comprising independently run offices in several states. They buy houses in any condition intending to sell them or rent them out.
They can also assist homebuyers with homes facing foreclosure and buy homes in any condition. They offer relocation services, assistance with avoiding foreclosure, legal advice, and credit counseling.
ASAP Cash Home Buyers calculate their costs based on the home’s after-repair value minus closing costs, repair costs, and their profit and do not charge a service fee or commission.
If you choose to work with this company, you start the process by requesting an offer online or calling them. They will research the details of the home, carry out an in-depth assessment, and call you to discuss your options.
They can make an all-cash non-negotiable offer within 24 hours of you contacting them and can close in just 7 days if required.
ASAP Cash Home Buyers offers the following benefits for sellers:
- Buy homes in any condition
- No real estate commission
- No home inspections and repairs
- No staging costs or showings
- No service fees
ASAP Cash Home Buyers has 3.7 stars out of 5 on Google Reviews, based on just 3 reviewers’ opinions. These satisfied customers praised ASAP Cash Home Buyer’s fast process and efficient service.
They are not listed with the Better Business Bureau and have no other reviews available online.
ASAP Cash Home Buyers has nationwide coverage and operates in the following counties in Connecticut:
- New London
- Fairfield
- Hartford
- New Haven
- Windham
- Tolland
- Middlesex
- Lichtfield
9. We Buy Ugly Houses CT
Fair Cash Offer
Pays Closing Costs
Buy Houses As-Is
If you’ve been wanting to sell your house for cash in Connecticut for some time, this company’s billboards have likely caught your eye. Ug the Caveman features prominently in their marketing materials all over the country.
We Buy Ugly Houses is a large group of companies that fall under the banner of HomeVestors, a well-established and reputable fix-and-flip investor with decades of experience in the real estate industry.
Each franchise of this company operates according to basic HomeVestors guidelines, but they do have a large degree of independence when it comes to their policies, closing times, and cash offer terms. So, you will experience varying levels of service when you deal with a We Buy Ugly Houses franchisee.
We Buy Ugly Houses Connecticut follows a three-step procedure when buying homes. You get the process started by calling them or entering your information on their website.
They visit your home to view key components like the HVAC system, water heater, building structure, bedrooms, and bathrooms. They usually make an offer during this visit or within 24 hours.
If you accept the offer, they can close within three weeks or according to your wishes.
We Buy Ugly Houses CT considers local market conditions when determining a price, as well as:
- Condition of your house
- Estimated cost of repairs
- Expected renovation timeline
- Cost of maintaining the house
You receive a fair offer based on the ARV of your house minus these costs. They do not charge a service fee and pay all regular closing costs.
Working with an established brand can offer sellers some peace of mind, and you’ll also enjoy the following benefits when you work with this company:
- No service fee
- Fast, flexible closing times
- All-cash offers
- No closing costs
- No agents commission
- No home showings
- No repairs or cleaning
We Buy Houses CT does not have many independent reviews, but HomeVestors and We Buy Ugly Houses do.
The company has a 2 out of 5-star rating out of 2 reviews on the Better Business Bureau website. On Yelp, We Buy Ugly Houses CT has a 3 out of 5 star rating based on 2 reviews.
There are a lot of bad reviews surrounding We Buy Ugly Houses’ lowball cash offers, which may amount to only 50% of a home’s value.
We Buy Ugly Houses CT buys homes for cash in the following counties and surrounding areas:
- Hartford
- Middlesex
- New Haven
- Tolland
- New London
- Windham
10. We Buy Houses CT
No-Obligation Cash Offer
No Extra Costs
No Repairs
We Buy Houses has a nationwide footprint, with individual investors who buy houses in most major cities. They’ve been around since 1997 and purportedly worked with over 1 million homeowners.
Their process follows the tried-and-tested route of just four steps.
These are:
- Contact We Buy Houses to tell them about your property
- They visit your home for a quick walkthrough
- You receive a no-obligation, cash offer within 48 hours
- If you agree, they pay cash for your home and close quickly
We Buy Houses offers are valid for 30 days and are non-negotiable.
They are house flippers who buy homes in any condition, repair them, and sell them at a profit.
They base their offers on your home’s ARV minus all costs, including closing costs and repair costs. You can expect to get as little as 50% of your home’s market value if you sell your home to this company.
We Buy Houses will buy homes that are underwater, behind in payments, or facing foreclosure. They also buy vacant properties as well as tenant-occupied homes and have experience handling problem tenants.
While We Buy Houses does stipulate certain standards for its licensees, it’s unclear how they enforce these, so you can expect different service levels depending on the investor in your area.
These are the benefits of working with this established cash home buyer:
- Nationwide footprint
- Buys houses in poor condition
- All-cash offers
- Fast response times
- Fast, flexible closing times
- No service fee
- No repairs necessary
- No agents’ commission
We Buy Houses has a lot of positive reviews from clients on its website. Most of these mention their professional service and prompt response times.
Available reviews about this company are mixed in with reviews from other areas, making it difficult to gauge their service levels in Connecticut.
We Buy Houses operates in 30 states and over 200 markets across the country, including all major cities in Connecticut.
Final Thoughts and Recommendations When Comparing Cash Home Buyers in Connecticut
Cash home buyers do not need a mortgage when buying homes in Connecticut. These property investors and house-flipping companies have substantial cash reserves, so they can buy homes quickly and avoid many of the painstaking steps involved in conventional home sales.
While most of these investors are reputable and legitimate buyers, you must take steps to avoid cash buyer scams when you want to sell a home fast.
Getting the Best Benefits of Selling to a Cash Home Buyer
The best way to avoid unscrupulous buyers and get the best price for your home is by researching potential cash buyers, reading reviews about their businesses, and comparing prices from several buyers before you commit.
By carrying out this research, you’re assured of all the best benefits of a cash sale. You’ll enjoy a streamlined, hassle-free process and a fast closing time when you work with established, reputable buyers.
A cash sale means you can avoid most of the closing costs associated with home sales, sell your home in any condition without undergoing repairs, and even sell a distressed property easily.
When you contact iBuyer.com, you know you’re working with a reputable business that can put you in touch with qualified, reputable buyers, in an instant.
Interested in your home’s current market value? Receive a free online home value estimate!
FAQs About Selling a Home to a Cash Buyer in Connecticut
Do you have any more questions about cash home buyers in Connecticut? These are some of the most common queries by sellers in this area.
Most cash home buyers calculate their offer based on the home’s after-repair value. This is the price they’re likely to sell it for once they’ve carried out the necessary repairs.
They base the ARV on neighborhood comps and then deduct all the costs involved in getting the home sold. These include repair costs, their profit, and other closing costs.
In most cases, you can expect to receive around 70% of the home’s market value when you sell a home this way. You do enjoy many other savings when you sell to a cash investor, like:
– Real estate agent’s commission
– Repair costs
– Holding costs
– Marketing costs
– Home inspections and appraisals
The most important thing you’ll save when you sell to a cash investor is your time.
Finding a cash buyer is your best option when you want to sell your house fast in Connecticut. These buyers can close within a few days if necessary, but the average time to close is around ten days.
Most cash home buyers will work with you to accommodate your time frame. If you need to stay a little longer, they can assist you or they can help you get your money as fast as you need it.
When you sell your home to a cash investor, you’ll save a lot of money on closing costs, home repairs, and commissions. Be advised that some cash homebuying companies charge a service fee of up to 6% when they buy your home.
iBuyer does not charge any fees for our services.
iBuyers typically do not buy homes in poor condition, but many home-flipping companies and buy-and-hold companies will buy homes in any condition. The ability to sell your home as-is is a major benefit of engaging with cash home buyers.
Additionally, cash home buyers will buy homes that are facing foreclosure, upside down on their mortgage, or subject to outstanding HOA fines and liens.
Contacting a cash home buyer in good time can help you prevent having a foreclosure listed on your credit record.
Taxes are always complicated. In some cases, your tax obligations depend on how long you’ve owned the house, and whether you live in it or whether you rent it to tenants.
It’s always best to consult with a tax professional to ensure you comply with any obligations you may have and speak to a real estate lawyer about any legalities surrounding the transaction.
Their professional insights can only help further streamline the sale of your home and help you avoid unnecessary delays or costs associated with selling to cash home buyers in Connecticut.
