Is 06339, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06339 is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, 06339 has remained a Seller's Market.

Key Takeaway

06339 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 06339, CT

How much do homes in 06339, CT cost?

Median Sold Price

$341,750

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$11,850(+3.6%)

Key Takeaway

Homes in 06339 have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in 06339 was $341,750 in February 2024, up 3.6% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $107K$150K
+40.2%
2 $149K$160K
+7.4%
3 $300K$329K
+9.7%
4 $411K$477K
+16.1%
5+ $347.5K$403K
+16.0%

Summary: 06339 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 40.2%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes increased by 16%.

Median Sold Price Compared To Nearby Zip Codes

06355
+25.3%
06365
+15.1%
06339
+3.6%
06335
+3.6%

Housing Supply in 06339, CT

How many homes are available in 06339, CT?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
3125-19.4%

Summary: The 06339 real estate market had 25 homes for sale in February 2024, a 19.4% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1515
0.0%
4 115
-54.5%
5+ 22
0.0%

Summary: The 06339 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 54.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
910+11.1%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06339, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 06339 in February 2024, up by 11.1% month-over-month. Of the 10 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for 06339, 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 27 Days Ago

Newest Listings in 06339, CT

Nearby Markets to 06339, CT