Is 06385, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 06385 was a Seller's Market.
Housing Prices in 06385, CT
How much do homes in 06385, CT cost?
Median Sold Price
$342,000
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 06385 was $342,000 in April 2024, up 8.9% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $175K | $224K | +28.0% |
2 Bedrooms | $238.4K | $274.9K | +15.3% |
3 Bedrooms | $349.5K | $350K | 0.1% |
4 Bedrooms | $407K | $445.5K | +9.5% |
5+ Bedrooms | $429K | $513K | +19.6% |
Summary: 06385 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28%, 2 bedroom homes increased by 15.3%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 19.6%.
Housing Supply in 06385, CT
How many homes are available in 06385, CT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
47 | 64 | +36.2% |
Summary: The 06385 real estate market had 64 homes for sale in April 2024, a 36.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 2 | -50.0% |
2 Bedrooms | 6 | 7 | +16.7% |
3 Bedrooms | 21 | 38 | +81.0% |
4 Bedrooms | 11 | 12 | +9.1% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 06385 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 81%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 9 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 06385 in April 2024, the same as the previous month. Of the 9 sold homes, 33% were sold under asking, 11% were sold at asking, and 56% were sold over asking.
Days on Market for 06385, CT
We’re sorry, we don't have information for this market at the moment