Is 06320, 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, 06320 has remained a Seller's Market.
Key Takeaway
06320 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06320, CT
How much do homes in 06320, CT cost?
Median Sold Price
$265,000
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 06320 have sold for 8.2% more than they did a year ago.
Summary: The median home sold price in 06320 was $265,000 in March 2024, up 8.2% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $117.4K | $140K | +19.3% |
| 2 Bedrooms | $215K | $235K | +9.3% |
| 3 Bedrooms | $264K | $269.9K | +2.2% |
| 4 Bedrooms | $247K | $294K | +19.0% |
| 5+ Bedrooms | $285K | $328K | +15.1% |
Summary: 06320 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.3%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 19%, and 5+ bedroom homes increased by 15.1%.
Housing Supply in 06320, CT
How many homes are available in 06320, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 55 | 57 | +3.6% |
Summary: The 06320 real estate market had 57 homes for sale in March 2024, a 3.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 13 | 13 | 0.0% |
| 3 Bedrooms | 14 | 11 | -21.4% |
| 4 Bedrooms | 11 | 8 | -27.3% |
| 5+ Bedrooms | 12 | 20 | +66.7% |
Summary: The 06320 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 decreased by 21.4%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 18 | +100.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06320, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in 06320 in March 2024, up by 100.0% month-over-month. Of the 18 sold homes, 33% were sold under asking, 11% were sold at asking, and 56% were sold over asking.
Days on Market for 06320, CT
We’re sorry, we don't have information for this market at the moment
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