Is 06483, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 06483 has remained a Seller's Market.
Key Takeaway
06483 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06483, CT
How much do homes in 06483, CT cost?
Median Sold Price
$365,000
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 06483 have sold for 17.7% more than they did a year ago.
Summary: The median home sold price in 06483 was $365,000 in March 2024, up 17.7% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $128.7K | $151K | +17.3% |
| 2 Bedrooms | $231K | $270K | +16.9% |
| 3 Bedrooms | $339K | $379.9K | +12.1% |
| 4 Bedrooms | $412.5K | $461.2K | +11.8% |
| 5+ Bedrooms | $320K | $425K | +32.8% |
Summary: 06483 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.3%, 2 bedroom homes increased by 16.9%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 32.8%.
Housing Supply in 06483, CT
How many homes are available in 06483, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 40 | 48 | +20.0% |
Summary: The 06483 real estate market had 48 homes for sale in March 2024, a 20.0% 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 | 7 | 12 | +71.4% |
| 3 Bedrooms | 19 | 23 | +21.1% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 06483 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 71.4%, 3 bedroom homes increased by 21.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 13 | +116.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06483, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 06483 in March 2024, up by 116.7% month-over-month. Of the 13 sold homes, 54% were sold under asking, 8% were sold at asking, and 38% were sold over asking.
Days on Market for 06483, CT
We’re sorry, we don't have information for this market at the moment
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