Is 06751, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 06751 was a Seller's Market.
Key Takeaway
06751 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 06751, CT
How much do homes in 06751, CT cost?
Median Sold Price
$457,500
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 06751 have sold for 11.6% more than they did a year ago.
Summary: The median home sold price in 06751 was $457,500 in April 2024, up 11.6% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $275K | $247.5K | -10.0% |
| 2 Bedrooms | $325K | $319K | -1.8% |
| 3 Bedrooms | $404.5K | $480.1K | +18.7% |
| 4 Bedrooms | $585K | $615K | +5.1% |
| 5+ Bedrooms | $838K | $475K | -43.3% |
Summary: 06751 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes increased by 18.7%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes decreased by 43.3%.
Median Sold Price Compared To Nearby Zip Codes
| 06763 | $395K | $510K | +29.1% |
| 06795 | $315K | $365K | +15.9% |
| 06751 | $410K | $457.5K | +11.6% |
Housing Supply in 06751, CT
How many homes are available in 06751, CT?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 15 | +25.0% |
Summary: The 06751 real estate market had 15 homes for sale in April 2024, a 25.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 3 | 6 | +100.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 06751 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06751, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 06751 in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 06751, CT
We’re sorry, we don't have information for this market at the moment
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