$2,730 Closing Credit*
$229,900
1,114 SqFt
2 Beds
•1 Full Bath
Elizabeth Wood, Listing Office: D.W. Fish Real Estate
Is 06042, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$299,700
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$24,700(+9.0%)
Key Takeaway
Homes in 06042 have sold for 9% more than they did a year ago.
Summary: The median home sold price in 06042 was $299,700 in October 2024, up 9% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $138K | +10.4% |
| 2 Bedrooms | $225K | $230K | +2.2% |
| 3 Bedrooms | $279K | $315K | +12.9% |
| 4 Bedrooms | $352.9K | $350K | -0.8% |
| 5+ Bedrooms | $287.4K | $440K | +53.1% |
Summary: 06042 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.4%, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 12.9%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 53.1%.
Housing Supply in 06042, CT
How many homes are available in 06042, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 75 | 63 | -16.0% |
Summary: The 06042 real estate market had 63 homes for sale in October 2024, a 16.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 19 | 17 | -10.5% |
| 3 Bedrooms | 33 | 29 | -12.1% |
| 4 Bedrooms | 20 | 11 | -45.0% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The 06042 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 10.5%, 3 bedroom homes decreased by 12.1%, 4 bedroom homes decreased by 45%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 18 | -28.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was 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. 88.9% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in 06042 in October 2024, down by 28.0% month-over-month. Of the 18 sold homes, 6% were sold under asking, 6% were sold at asking, and 89% 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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