Is 06379, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06379 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 06379 has remained a Seller's Market.

Key Takeaway

06379 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 06379, CT

How much do homes in 06379, CT cost?

Median Sold Price

$345,500

$243/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$21,500(-5.9%)

Key Takeaway

Homes in 06379 have sold for 5.9% less than they did a year ago.

Summary: The median home sold price in 06379 was $345,500 in March 2024, down 5.9% from last year, and the median price per square foot was $243.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$140K
N/A
2 $299K$295K
-1.3%
3 $365K$357.5K
-2.1%
4 $515K$370K
-28.2%
5+ $369K$405K
+9.8%

Summary: 06379 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.3%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 28.2%, and 5+ bedroom homes increased by 9.8%.

Median Sold Price Compared To Nearby Zip Codes

02891
+5.2%
06378
+2.3%
06379
-5.9%
06359
-9.2%

Housing Supply in 06379, CT

How many homes are available in 06379, CT?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1620+25.0%

Summary: The 06379 real estate market had 20 homes for sale in March 2024, a 25.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 57
+40.0%
4 78
+14.3%
5+ 13
+200.0%

Summary: The 06379 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 33.3%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06379, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in 06379 in March 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.

Days on Market for 06379, 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 24 Days Ago

Newest Listings in 06379, CT

Nearby Markets to 06379, CT