Is 06382, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, 06382 was a Seller's Market.
Key Takeaway
06382 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 06382, CT
How much do homes in 06382, CT cost?
Median Sold Price
$294,950
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 06382 have sold for 12.1% more than they did a year ago.
Summary: The median home sold price in 06382 was $294,950 in May 2024, up 12.1% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $232.5K | $65K | -72.0% |
| 2 Bedrooms | $225K | $220K | -2.2% |
| 3 Bedrooms | $270K | $305.4K | +13.1% |
| 4 Bedrooms | $310K | $325K | +4.8% |
| 5+ Bedrooms | $303K | $380K | +25.4% |
Summary: 06382 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 72%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes increased by 13.1%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 25.4%.
Housing Supply in 06382, CT
How many homes are available in 06382, CT?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 28 | 32 | +14.3% |
Summary: The 06382 real estate market had 32 homes for sale in May 2024, a 14.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 16 | 18 | +12.5% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 06382 housing inventory by bedroom type for May 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 12.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06382, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in 06382 in May 2024, down by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 06382, CT
We’re sorry, we don't have information for this market at the moment
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