$1,780 Closing Credit*
$149,900
1,434 SqFt
3 Beds
•1 Full Bath
Jolanta Rojek, Listing Office: eXp Realty
Is 06029, 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, 06029 has remained a Seller's Market.
Key Takeaway
06029 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06029, CT
How much do homes in 06029, CT cost?
Median Sold Price
$400,000
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$30,000(+8.1%)
Key Takeaway
Homes in 06029 have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in 06029 was $400,000 in November 2024, up 8.1% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $212.3K | +21.4% |
| 2 Bedrooms | $270K | $260K | -3.7% |
| 3 Bedrooms | $375K | $400K | +6.7% |
| 4 Bedrooms | $484.9K | $520K | +7.2% |
| 5+ Bedrooms | $425K | $581.2K | +36.8% |
Summary: 06029 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.4%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 36.8%.
Housing Supply in 06029, CT
How many homes are available in 06029, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 48 | 45 | -6.3% |
Summary: The 06029 real estate market had 45 homes for sale in November 2024, a 6.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 3 | -50.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 28 | 26 | -7.1% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 06029 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 14 | -12.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06029, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in 06029 in November 2024, down by 12.5% month-over-month. Of the 14 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% were sold over asking.
Days on Market for 06029, CT
We’re sorry, we don't have information for this market at the moment
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