Is 06756, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06756 is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 06756 was a Buyer's Market.

Key Takeaway

06756 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 06756, CT

How much do homes in 06756, CT cost?

Median Sold Price

$570,000

$232/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$36,000(-5.9%)

Key Takeaway

Homes in 06756 have sold for 5.9% less than they did a year ago.

Summary: The median home sold price in 06756 was $570,000 in March 2024, down 5.9% from last year, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $653.7K-
N/A
2 $300K$270K
-10.0%
3 $450K$530K
+17.8%
4 $725K$703K
-3.0%
5+ $700K$677.5K
-3.2%

Summary: 06756 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 17.8%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes decreased by 3.2%.

Median Sold Price Compared To Nearby Zip Codes

06790
+14.4%
06759
-4.2%
06756
-5.9%

Housing Supply in 06756, CT

How many homes are available in 06756, CT?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1617+6.3%

Summary: The 06756 real estate market had 17 homes for sale in March 2024, a 6.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 77
0.0%
4 67
+16.7%
5+ 32
-33.3%

Summary: The 06756 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 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06756, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 06756 in March 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for 06756, CT

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

Newest Listings in 06756, CT

Nearby Markets to 06756, CT