Is 06480, 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, 06480 was a Neutral Market.
Housing Prices in 06480, CT
How much do homes in 06480, CT cost?
Median Sold Price
$320,000
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 06480 was $320,000 in March 2024, down 3% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $167K | $164K | -1.8% |
2 Bedrooms | $269K | $263K | -2.2% |
3 Bedrooms | $330K | $310K | -6.1% |
4 Bedrooms | $390K | $405K | +3.8% |
5+ Bedrooms | $535K | $418.5K | -21.8% |
Summary: 06480 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.8%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 21.8%.
Housing Supply in 06480, CT
How many homes are available in 06480, CT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
26 | 30 | +15.4% |
Summary: The 06480 real estate market had 30 homes for sale in March 2024, a 15.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 10 | 13 | +30.0% |
4 Bedrooms | 7 | 8 | +14.3% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 06480 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 8 | +33.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 06480 in March 2024, up by 33.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for 06480, CT
We’re sorry, we don't have information for this market at the moment