Is 06424, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, 06424 was a Seller's Market.
Housing Prices in 06424, CT
How much do homes in 06424, CT cost?
Median Sold Price
$348,250
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 06424 was $348,250 in February 2024, down 0.2% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $174K | $200K | +14.9% |
2 Bedrooms | $215K | $217.7K | +1.3% |
3 Bedrooms | $347.7K | $352.2K | +1.3% |
4 Bedrooms | $455.5K | $430K | -5.6% |
5+ Bedrooms | $310K | $659K | +112.6% |
Summary: 06424 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.9%, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 112.6%.
Median Sold Price Compared To Nearby Zip Codes
06469 | $287K | $295K | +2.8% |
06424 | $349K | $348.2K | -0.2% |
06480 | $330K | $313.5K | -5.0% |
Housing Supply in 06424, CT
How many homes are available in 06424, CT?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
36 | 38 | +5.6% |
Summary: The 06424 real estate market had 38 homes for sale in February 2024, a 5.6% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 0 | -100.0% |
2 Bedrooms | 7 | 9 | +28.6% |
3 Bedrooms | 15 | 16 | +6.7% |
4 Bedrooms | 8 | 11 | +37.5% |
5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The 06424 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
10 | 6 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 06424 in February 2024, down by 40.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.
Days on Market for 06424, CT
We’re sorry, we don't have information for this market at the moment