Is 06238, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 06238 has remained a Seller's Market.
Housing Prices in 06238, CT
How much do homes in 06238, CT cost?
Median Sold Price
$335,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 06238 was $335,000 in April 2024, up 12.1% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $198.5K | $230.5K | +16.1% |
2 Bedrooms | $225K | $210K | -6.7% |
3 Bedrooms | $304.5K | $340K | +11.7% |
4 Bedrooms | $405K | $492.5K | +21.6% |
5+ Bedrooms | $395K | $613.6K | +55.4% |
Summary: 06238 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.1%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 21.6%, and 5+ bedroom homes increased by 55.4%.
Median Sold Price Compared To Nearby Zip Codes
06237 | $351.5K | $423K | +20.3% |
06268 | $300K | $355K | +18.3% |
06238 | $298.9K | $335K | +12.1% |
06250 | $285K | $300K | +5.3% |
Housing Supply in 06238, CT
How many homes are available in 06238, CT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 29 | +31.8% |
Summary: The 06238 real estate market had 29 homes for sale in April 2024, a 31.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 7 | 8 | +14.3% |
3 Bedrooms | 11 | 13 | +18.2% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 06238 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 8 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 06238 in April 2024, up by 100.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 0% were sold at asking, and 63% were sold over asking.
Days on Market for 06238, CT
We’re sorry, we don't have information for this market at the moment