Is 06085, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06085 is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, 06085 has remained a Seller's Market.

Key Takeaway

06085 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 06085, CT cost?

Median Sold Price

$367,500

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$56,500(+18.2%)

Key Takeaway

Homes in 06085 have sold for 18.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $97.3K$143.3K
+47.2%
2 $180K$201.5K
+11.9%
3 $301K$353K
+17.3%
4 $440K$461K
+4.8%
5+ $480K$563K
+17.3%

Median Sold Price Compared To Nearby Zip Codes

06085
+18.2%
06001
+14.7%
06010
+9.4%
06013
+5.3%
06032
-2.5%

How many homes are available in 06085, CT?

Number of Homes For Sale

Sep 2022Oct 2022%
2728+3.7%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 68
+33.3%
3 88
0.0%
4 99
0.0%
5+ 43
-25.0%

Number of Homes Sold

Sep 2022Oct 2022%
880.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06085, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About 06085, CT

06085, CT has 28 homes on the market. Between September 2022 and October 2022, 06085, CT real estate market has seen increase in the number of listings by 3.7%. This housing market listing prices have changed between September 2022 and October 2022: prices of 1 bedroom properties went up by 47.2%, 2 bedrooms properties became 11.9% more expensive, prices of 3 bedrooms properties increased by 17.3%, 4 bedrooms properties prices increased by 4.8%, the cost of 5 bedrooms properties went up by 17.3%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes did not move, number of 2 bedrooms homes increased by 33.3%, 3 bedrooms homes did not move, 4 bedrooms homes inventory did not change, volume of 5 bedrooms homes went down by 25%. Over 4 listings were sold over their listed price in October 2022 in 06085, CT. In the same period over 4 listings were sold below the listed price and 0 listings were sold for the listed price.