$2,850 Closing Credit*
$239,999
1,104 SqFt
3 Beds
•1 Full Bath
Joseph Armstrong, Listing Office: Berkshire Hathaway NE Prop.
Is 06029, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 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
$403,500
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$33,500(+9.1%)
Key Takeaway
Homes in 06029 have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in 06029 was $403,500 in December 2024, up 9.1% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $176K | $209.7K | +19.2% |
| 2 Bedrooms | $260K | $270K | +3.8% |
| 3 Bedrooms | $377.5K | $400K | +6.0% |
| 4 Bedrooms | $477.5K | $522K | +9.3% |
| 5+ Bedrooms | $529.9K | $496.5K | -6.3% |
Summary: 06029 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.2%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes decreased by 6.3%.
Housing Supply in 06029, CT
How many homes are available in 06029, CT?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 43 | 33 | -23.3% |
Summary: The 06029 real estate market had 33 homes for sale in December 2024, a 23.3% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 25 | 15 | -40.0% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 06029 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 15 | 14 | -6.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06029, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in 06029 in December 2024, down by 6.7% month-over-month. Of the 14 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% 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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