Is 06763, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06763 is a buyer's market

Buyer's
Market

Difference Since March 2023

Since last year, 06763 has remained a Buyer's Market.

Key Takeaway

06763 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 06763, CT

How much do homes in 06763, CT cost?

Median Sold Price

$520,000

$303/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$95,000(+22.4%)

Key Takeaway

Homes in 06763 have sold for 22.4% more than they did a year ago.

Summary: The median home sold price in 06763 was $520,000 in March 2024, up 22.4% from last year, and the median price per square foot was $303.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$450.5K
N/A
2 $241K$462K
+91.7%
3 $470K$464K
-1.3%
4 $600K$600K
0.0%
5+ $1.3M$1.0M
-18.5%

Summary: 06763 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 91.7%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 18.5%.

Median Sold Price Compared To Nearby Zip Codes

06763
+22.4%
06759
-4.2%

Housing Supply in 06763, CT

How many homes are available in 06763, CT?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
910+11.1%

Summary: The 06763 real estate market had 10 homes for sale in March 2024, a 11.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 00
0.0%
3 66
0.0%
4 11
0.0%
5+ 12
+100.0%

Summary: The 06763 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06763, 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 06763 in March 2024, the same as the previous 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 06763, 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 23 Days Ago

Newest Listings in 06763, CT

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