Is 06360, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 06360 has remained a Seller's Market.
Key Takeaway
06360 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06360, CT
How much do homes in 06360, CT cost?
Median Sold Price
$234,783
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 06360 have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in 06360 was $234,783 in April 2024, up 7.8% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $128K | $145K | +13.3% |
| 2 Bedrooms | $185K | $190K | +2.7% |
| 3 Bedrooms | $245K | $262.5K | +7.1% |
| 4 Bedrooms | $264.5K | $300K | +13.4% |
| 5+ Bedrooms | $250K | $284.5K | +13.8% |
Summary: 06360 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.3%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes increased by 13.8%.
Median Sold Price Compared To Nearby Zip Codes
| 06365 | $311K | $353K | +13.5% |
| 06360 | $217.8K | $234.7K | +7.8% |
Housing Supply in 06360, CT
How many homes are available in 06360, CT?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 123 | 118 | -4.1% |
Summary: The 06360 real estate market had 118 homes for sale in April 2024, a 4.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 7 | -22.2% |
| 2 Bedrooms | 30 | 32 | +6.7% |
| 3 Bedrooms | 44 | 42 | -4.5% |
| 4 Bedrooms | 26 | 21 | -19.2% |
| 5+ Bedrooms | 14 | 16 | +14.3% |
Summary: The 06360 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 22.2%, 2 bedroom homes increased by 6.7%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 19.2%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 34 | 31 | -8.8% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06360, you could pay more than the asking price. 58.1% of homes here sold above asking price last month.
Summary: A total of 31 homes were sold or pending in 06360 in April 2024, down by 8.8% month-over-month. Of the 31 sold homes, 32% were sold under asking, 10% were sold at asking, and 58% were sold over asking.
Days on Market for 06360, CT
We’re sorry, we don't have information for this market at the moment
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