Is 06426, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 06426 was a Seller's Market.
Key Takeaway
06426 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 06426, CT
How much do homes in 06426, CT cost?
Median Sold Price
$700,000
$350/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 06426 have sold for 7.9% more than they did a year ago.
Summary: The median home sold price in 06426 was $700,000 in March 2024, up 7.9% from last year, and the median price per square foot was $350.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $573.5K | $320K | -44.2% |
| 2 Bedrooms | $487.9K | $375K | -23.1% |
| 3 Bedrooms | $961.2K | $700K | -27.2% |
| 4 Bedrooms | $775K | $950K | +22.6% |
| 5+ Bedrooms | $969.2K | $1.4M | +45.7% |
Summary: 06426 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44.2%, 2 bedroom homes decreased by 23.1%, 3 bedroom homes decreased by 27.2%, 4 bedroom homes increased by 22.6%, and 5+ bedroom homes increased by 45.7%.
Housing Supply in 06426, CT
How many homes are available in 06426, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 20 | 20 | 0.0% |
Summary: The 06426 real estate market had 20 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 06426 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 increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06426, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 06426 in March 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 06426, CT
We’re sorry, we don't have information for this market at the moment
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