Is 06250, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 06250 has remained a Seller's Market.
Key Takeaway
06250 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06250, CT
How much do homes in 06250, CT cost?
Median Sold Price
$299,000
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 06250 have sold for 1.4% more than they did a year ago.
Summary: The median home sold price in 06250 was $299,000 in March 2024, up 1.4% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $146.5K | $175K | +19.5% |
| 2 Bedrooms | $190K | $200.2K | +5.4% |
| 3 Bedrooms | $297.5K | $312.5K | +5.0% |
| 4 Bedrooms | $381.7K | $395K | +3.5% |
| 5+ Bedrooms | $367K | $431K | +17.4% |
Summary: 06250 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.5%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 17.4%.
Median Sold Price Compared To Nearby Zip Codes
| 06268 | $300K | $355.2K | +18.4% |
| 06226 | $205K | $234K | +14.1% |
| 06256 | $110K | $112.5K | +2.3% |
| 06250 | $294.9K | $299K | +1.4% |
Housing Supply in 06250, CT
How many homes are available in 06250, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 9 | -25.0% |
Summary: The 06250 real estate market had 9 homes for sale in March 2024, a 25.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 06250 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 decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06250, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in 06250 in March 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for 06250, CT
We’re sorry, we don't have information for this market at the moment
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