Is 06793, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06793 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 06793 has remained a Buyer's Market.

Key Takeaway

06793 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 06793, CT

How much do homes in 06793, CT cost?

Median Sold Price

$1,025,000

$555/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$530,000(+107.1%)

Key Takeaway

Homes in 06793 have sold for 107.1% more than they did a month ago.

Summary: The median home sold price in 06793 was $1,025,000 in April 2024, up 107.1% from last month, and the median price per square foot was $555.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 -$700K
N/A
2 -$1.0M
N/A
3 $495K$1.6M
+223.2%
4 --
N/A
5+ --
N/A

Summary: 06793 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 223.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

06793
+107.1%
06783
+8.9%

Housing Supply in 06793, CT

How many homes are available in 06793, CT?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
22220.0%

Summary: The 06793 real estate market had 22 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 33
0.0%
3 87
-12.5%
4 33
0.0%
5+ 78
+14.3%

Summary: The 06793 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 remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

3 Homes Were 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 06793, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 06793 in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 06793, 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 9 Days Ago

Newest Listings in 06793, CT

Nearby Markets to 06793, CT