Is 06417, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06417 is a seller's market

Buyer's
Market

Difference Since February 2022

At the same time last year, 06417 was a Buyer's Market.

Key Takeaway

06417 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 06417, CT cost?

Median Sold Price

$307,500

$204/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$2,500(+0.8%)

Key Takeaway

Homes in 06417 have sold for 0.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $186K$123K
-33.9%
2 $225.5K$227K
+0.7%
3 $320K$349.5K
+9.2%
4 $522K$458K
-12.3%
5+ $337.5K$4.1M
+1114.8%

Median Sold Price Compared To Nearby Zip Codes

06412
+5.4%
06442
+3.2%
06417
+0.8%
06426
-0.3%

How many homes are available in 06417, CT?

Number of Homes For Sale

Jan 2023Feb 2023%
16160.0%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 00
0.0%
2 55
0.0%
3 66
0.0%
4 55
0.0%
5+ 00
0.0%

Number of Homes Sold

Jan 2023Feb 2023%
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06417, you may be able to get a good deal. 33.3% 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 06417, CT

06417, CT has 16 homes on the market. Between January 2023 and February 2023, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went down by 33.9%, prices of 2 bedrooms properties went up by 0.7%, the cost of 3 bedrooms properties went up by 9.2%, 4 bedrooms properties became 12.3% more cheaper, prices of 5 bedrooms properties went up by 1114.8%. Volume of homes for sale changed: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes remained the same, volume of 3 bedrooms homes stayed the same, 4 bedrooms homes inventory did not change, the quantity of 5 bedrooms homes have not changed. 06417, CT housing market in February 2023 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 1 sold below.