Is 06472, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06472 is a seller's market

Buyer's
Market

Difference Since February 2022

Since last year, 06472 has remained a Seller's Market.

Key Takeaway

06472 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 06472, CT cost?

Median Sold Price

$395,575

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$39,575(+11.1%)

Key Takeaway

Homes in 06472 have sold for 11.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 --
N/A
2 $275K$350K
+27.3%
3 $329.1K$370K
+12.4%
4 $424.9K$496K
+16.7%
5+ $582.5K$515K
-11.6%

Median Sold Price Compared To Nearby Zip Codes

06437
+13.7%
06492
+12.3%
06471
+11.2%
06472
+11.1%
06473
+10.3%

How many homes are available in 06472, CT?

Number of Homes For Sale

Jan 2023Feb 2023%
1214+16.7%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 00
0.0%
2 10
-100.0%
3 811
+37.5%
4 22
0.0%
5+ 11
0.0%

Number of Homes Sold

Jan 2023Feb 2023%
24+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06472, you may be able to get a good deal. 50% 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 06472, CT

Number of homes for sale in 06472, CT real estate market have reached 14. The number of homes for sale in 06472, CT increased by 16.7% between January 2023 and February 2023. 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 increased by 0%, prices of 2 bedrooms properties went up by 27.3%, prices of 3 bedrooms properties increased by 12.4%, 4 bedrooms properties prices increased by 16.7%, 5 bedrooms properties prices decreased by 11.6%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes did not move, 2 bedrooms homes inventory decreased by 100%, number of 3 bedrooms homes increased by 37.5%, number of 4 bedrooms homes remained the same, 5 bedrooms homes did not move. Over 2 listings were sold over their listed price in February 2023 in 06472, CT. In the same period over 2 listings were sold below the listed price and 0 listings were sold for the listed price.