Is 06035, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06035 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 06035 has remained a Seller's Market.

Key Takeaway

06035 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 06035, CT

How much do homes in 06035, CT cost?

Median Sold Price

$395,125

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$45,125(+12.9%)

Key Takeaway

Homes in 06035 have sold for 12.9% more than they did a year ago.

Summary: The median home sold price in 06035 was $395,125 in October 2024, up 12.9% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $232K$245K
+5.6%
3 $337.5K$397.5K
+17.8%
4 $457.5K$450K
-1.6%
5+ $555K$590K
+6.3%

Summary: 06035 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 17.8%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 6.3%.

Median Sold Price Compared To Nearby Zip Codes

06026
+15.7%
06035
+12.9%
06060
+7.6%

Housing Supply in 06035, CT

How many homes are available in 06035, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2631+19.2%

Summary: The 06035 real estate market had 31 homes for sale in October 2024, a 19.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 25
+150.0%
3 1518
+20.0%
4 98
-11.1%
5+ 00
0.0%

Summary: The 06035 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 150%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
710+42.9%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06035, you could pay more than the asking price. 70% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in 06035 in October 2024, up by 42.9% month-over-month. Of the 10 sold homes, 30% were sold under asking, 0% were sold at asking, and 70% were sold over asking.

Days on Market for 06035, CT

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in 06035, CT

Nearby Markets to 06035, CT