Is 06268, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06268 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 06268 has remained a Seller's Market.

Key Takeaway

06268 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 06268, CT

How much do homes in 06268, CT cost?

Median Sold Price

$355,250

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$55,250(+18.4%)

Key Takeaway

Homes in 06268 have sold for 18.4% more than they did a year ago.

Summary: The median home sold price in 06268 was $355,250 in March 2024, up 18.4% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $117.5K$125K
+6.4%
2 $154K$134.9K
-12.4%
3 $327K$347.5K
+6.3%
4 $375K$440K
+17.3%
5+ $672.5K$459K
-31.7%

Summary: 06268 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.4%, 2 bedroom homes decreased by 12.4%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 17.3%, and 5+ bedroom homes decreased by 31.7%.

Median Sold Price Compared To Nearby Zip Codes

06279
+26.0%
06268
+18.4%
06238
+13.3%
06250
+1.4%

Housing Supply in 06268, CT

How many homes are available in 06268, CT?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
18180.0%

Summary: The 06268 real estate market had 18 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 22
0.0%
2 55
0.0%
3 23
+50.0%
4 65
-16.7%
5+ 33
0.0%

Summary: The 06268 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
440.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06268, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 06268 in March 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 06268, 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 19 Days Ago

Newest Listings in 06268, CT

Nearby Markets to 06268, CT