Is 06249, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 06249 was a Seller's Market.
Key Takeaway
06249 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 06249, CT
How much do homes in 06249, CT cost?
Median Sold Price
$368,000
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 06249 have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in 06249 was $368,000 in March 2024, up 6.7% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $75K | $230K | +206.7% |
| 2 Bedrooms | $240K | $368K | +53.3% |
| 3 Bedrooms | $345K | $350K | +1.4% |
| 4 Bedrooms | $384K | $442K | +15.1% |
| 5+ Bedrooms | $413.2K | $412.5K | -0.2% |
Summary: 06249 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 206.7%, 2 bedroom homes increased by 53.3%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes decreased by 0.2%.
Median Sold Price Compared To Nearby Zip Codes
| 06237 | $340K | $435K | +27.9% |
| 06226 | $205K | $234K | +14.1% |
| 06249 | $345K | $368K | +6.7% |
Housing Supply in 06249, CT
How many homes are available in 06249, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 19 | +18.8% |
Summary: The 06249 real estate market had 19 homes for sale in March 2024, a 18.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 5 | 11 | +120.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The 06249 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 120%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 06249, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in 06249 in March 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 06249, CT
We’re sorry, we don't have information for this market at the moment
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