Is 06759, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06759 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 06759 has remained a Seller's Market.

Key Takeaway

06759 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 06759, CT

How much do homes in 06759, CT cost?

Median Sold Price

$490,000

$241/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$21,500(-4.2%)

Key Takeaway

Homes in 06759 have sold for 4.2% less than they did a year ago.

Summary: The median home sold price in 06759 was $490,000 in March 2024, down 4.2% from last year, and the median price per square foot was $241.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $320K$379.2K
+18.5%
3 $460K$475K
+3.3%
4 $630K$630K
0.0%
5+ $1.0M$1.3M
+27.2%

Summary: 06759 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 increased by 18.5%, 3 bedroom homes increased by 3.3%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 27.2%.

Median Sold Price Compared To Nearby Zip Codes

06763
+22.4%
06759
-4.2%
06756
-5.9%

Housing Supply in 06759, CT

How many homes are available in 06759, CT?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2530+20.0%

Summary: The 06759 real estate market had 30 homes for sale in March 2024, a 20.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 22
0.0%
3 710
+42.9%
4 88
0.0%
5+ 810
+25.0%

Summary: The 06759 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 remained the same, 3 bedroom homes increased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
27+250.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06759, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 06759 in March 2024, up by 250.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.

Days on Market for 06759, 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 19 Days Ago

Newest Listings in 06759, CT

Nearby Markets to 06759, CT