Is 06235, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06235 is a seller's market

Buyer's
Market

Difference Since August 2023

Since last year, 06235 has remained a Seller's Market.

Key Takeaway

06235 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 06235, CT

How much do homes in 06235, CT cost?

Median Sold Price

$293,750

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$27,750(+10.4%)

Key Takeaway

Homes in 06235 have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in 06235 was $293,750 in August 2024, up 10.4% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $51K-
N/A
2 $156.7K$192K
+22.5%
3 $266K$301.5K
+13.3%
4 $336K$360K
+7.1%
5+ -$424.9K
N/A

Summary: 06235 housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.5%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

06247
+37.5%
06256
+11.4%
06235
+10.4%
06250
+3.6%

Housing Supply in 06235, CT

How many homes are available in 06235, CT?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
660.0%

Summary: The 06235 real estate market had 6 homes for sale in August 2024, the same as July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 12
+100.0%
4 11
0.0%
5+ 20
-100.0%

Summary: The 06235 housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06235, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 06235 in August 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 06235, CT

We’re sorry, we don't have information for this market at the moment

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

Report Updated 13 Days Ago

Newest Listings in 06235, CT

Nearby Markets to 06235, CT