$3,561 Closing Credit*
$299,900
1,392 SqFt
3 Beds
•1 Full Bath
Jaclyn McMullen, Listing Office: Chestnut Oak Associates
Is 06016, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 06016 has remained a Seller's Market.
Key Takeaway
06016 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06016, CT
How much do homes in 06016, CT cost?
Median Sold Price
$350,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$18,500(+5.6%)
Key Takeaway
Homes in 06016 have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in 06016 was $350,000 in November 2024, up 5.6% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $250K | $265K | +6.0% |
| 3 Bedrooms | $330K | $405K | +22.7% |
| 4 Bedrooms | $411.5K | $386.2K | -6.1% |
| 5+ Bedrooms | $450K | $410K | -8.9% |
Summary: 06016 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 22.7%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes decreased by 8.9%.
Housing Supply in 06016, CT
How many homes are available in 06016, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 24 | +9.1% |
Summary: The 06016 real estate market had 24 homes for sale in November 2024, a 9.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 10 | 13 | +30.0% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 06016 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06016, you could pay more than the asking price. 83.3% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in 06016 in November 2024, up by 200.0% month-over-month. Of the 6 sold homes, 0% were sold under asking, 17% were sold at asking, and 83% were sold over asking.
Days on Market for 06016, CT
We’re sorry, we don't have information for this market at the moment
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