Is 06460, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 06460 has remained a Seller's Market.
Housing Prices in 06460, CT
How much do homes in 06460, CT cost?
Median Sold Price
$442,500
$297/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 06460 was $442,500 in May 2024, up 6% from last year, and the median price per square foot was $297.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $210K | $230.7K | +9.9% |
2 Bedrooms | $305K | $340K | +11.5% |
3 Bedrooms | $445K | $470K | +5.6% |
4 Bedrooms | $580K | $600K | +3.4% |
5+ Bedrooms | $915.8K | $795K | -13.2% |
Summary: 06460 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.9%, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 13.2%.
Housing Supply in 06460, CT
How many homes are available in 06460, CT?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
142 | 167 | +17.6% |
Summary: The 06460 real estate market had 167 homes for sale in May 2024, a 17.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 9 | +12.5% |
2 Bedrooms | 26 | 43 | +65.4% |
3 Bedrooms | 62 | 68 | +9.7% |
4 Bedrooms | 30 | 29 | -3.3% |
5+ Bedrooms | 16 | 18 | +12.5% |
Summary: The 06460 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 65.4%, 3 bedroom homes increased by 9.7%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
28 | 40 | +42.9% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Summary: A total of 40 homes were sold or pending in 06460 in May 2024, up by 42.9% month-over-month. Of the 40 sold homes, 33% were sold under asking, 10% were sold at asking, and 57% were sold over asking.
Days on Market for 06460, CT
We’re sorry, we don't have information for this market at the moment