$3,146 Closing Credit*
$264,900
1,167 SqFt
2 Beds
•1 Full Bath, 1 Partial
Janet Krohn, Listing Office: ERA Blanchard & Rossetto
Is 06042, 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, 06042 has remained a Seller's Market.
Key Takeaway
06042 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06042, CT
How much do homes in 06042, CT cost?
Median Sold Price
$295,000
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$16,000(+5.7%)
Key Takeaway
Homes in 06042 have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in 06042 was $295,000 in November 2024, up 5.7% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $131K | $130K | -0.8% |
| 2 Bedrooms | $225K | $229.5K | +2.0% |
| 3 Bedrooms | $281.5K | $308K | +9.4% |
| 4 Bedrooms | $352.5K | $350K | -0.7% |
| 5+ Bedrooms | $287.4K | $455K | +58.3% |
Summary: 06042 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.8%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 9.4%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes increased by 58.3%.
Housing Supply in 06042, CT
How many homes are available in 06042, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 69 | 64 | -7.2% |
Summary: The 06042 real estate market had 64 homes for sale in November 2024, a 7.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 18 | 17 | -5.6% |
| 3 Bedrooms | 31 | 32 | +3.2% |
| 4 Bedrooms | 13 | 9 | -30.8% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The 06042 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 5.6%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 30.8%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 22 | +15.8% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06042, you could pay more than the asking price. 72.7% of homes here sold above asking price last month.
Summary: A total of 22 homes were sold or pending in 06042 in November 2024, up by 15.8% month-over-month. Of the 22 sold homes, 14% were sold under asking, 14% were sold at asking, and 73% were sold over asking.
Days on Market for 06042, CT
We’re sorry, we don't have information for this market at the moment
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