Is 06010, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06010 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 06010 has remained a Seller's Market.

Key Takeaway

06010 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 06010, CT

How much do homes in 06010, CT cost?

Median Sold Price

$285,256

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$28,956(+11.3%)

Key Takeaway

Homes in 06010 have sold for 11.3% more than they did a year ago.

Summary: The median home sold price in 06010 was $285,256 in April 2024, up 11.3% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $99K$130K
+31.3%
2 $178.2K$205K
+15.0%
3 $270K$305K
+13.0%
4 $290K$325K
+12.1%
5+ $300K$354K
+18.0%

Summary: 06010 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.3%, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 18%.

Median Sold Price Compared To Nearby Zip Codes

06786
+17.4%
06062
+12.0%
06010
+11.3%
06085
+5.4%
06013
-4.2%

Housing Supply in 06010, CT

How many homes are available in 06010, CT?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
162182+12.3%

Summary: The 06010 real estate market had 182 homes for sale in April 2024, a 12.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 44
0.0%
2 3838
0.0%
3 7791
+18.2%
4 2931
+6.9%
5+ 1418
+28.6%

Summary: The 06010 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 increased by 18.2%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
4550+11.1%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

41 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06010, you could pay more than the asking price. 82% of homes here sold above asking price last month.

Summary: A total of 50 homes were sold or pending in 06010 in April 2024, up by 11.1% month-over-month. Of the 50 sold homes, 14% were sold under asking, 4% were sold at asking, and 82% were sold over asking.

Days on Market for 06010, 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 17 Days Ago

Newest Listings in 06010, CT

Nearby Markets to 06010, CT