Is 06385, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06385 is a seller's market

Buyer's
Market

Difference Since September 2021

Since last year, 06385 has remained a Seller's Market.

Key Takeaway

06385 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 06385, CT cost?

Median Sold Price

$314,333

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$25,333(+8.8%)

Key Takeaway

Homes in 06385 have sold for 8.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $140K$162.2K
+15.9%
2 $200K$230K
+15.0%
3 $290K$325K
+12.1%
4 $362.5K$409.5K
+13.0%
5+ $428.5K$395K
-7.8%

Median Sold Price Compared To Nearby Zip Codes

06320
+16.9%
06375
+12.3%
06385
+8.8%
06333
+2.4%
06357
-2.3%

How many homes are available in 06385, CT?

Number of Homes For Sale

Aug 2022Sep 2022%
9175-17.6%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 66
0.0%
2 1914
-26.3%
3 3325
-24.2%
4 2825
-10.7%
5+ 55
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
3122-29.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06385, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About 06385, CT

06385, CT has 75 homes for sale to choose from. The number of listings in 06385, CT decreased by 17.6% between August 2022 and September 2022. Between August 2022 and September 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 15.9%, 2 bedrooms properties prices increased by 15%, 3 bedrooms properties became 12.1% more expensive, 4 bedrooms properties prices increased by 13%, prices of 5 bedrooms properties went down by 7.8%. Housing inventory have changed in this real estate market: number of 1 bedroom homes remained the same, 2 bedrooms homes became 26.3% less available, number of 3 bedrooms homes decreased by 24.2%, number of 4 bedrooms homes decreased by 10.7%, volume of 5 bedrooms homes stayed the same. In September 2022 more than 5 listings in 06385, CT were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 10 were sold below.