Is 06043, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06043 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 06043 has remained a Seller's Market.

Key Takeaway

06043 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 06043, CT

How much do homes in 06043, CT cost?

Median Sold Price

$415,000

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$37,000(+9.8%)

Key Takeaway

Homes in 06043 have sold for 9.8% more than they did a year ago.

Summary: The median home sold price in 06043 was $415,000 in November 2024, up 9.8% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $239.9K$335K
+39.6%
3 $352.5K$420K
+19.1%
4 $435.7K$519.9K
+19.3%
5+ $525K$507.5K
-3.3%

Summary: 06043 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 39.6%, 3 bedroom homes increased by 19.1%, 4 bedroom homes increased by 19.3%, and 5+ bedroom homes decreased by 3.3%.

Median Sold Price Compared To Nearby Zip Codes

06040
+14.4%
06066
+14.1%
06238
+10.5%
06043
+9.8%

Housing Supply in 06043, CT

How many homes are available in 06043, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2118-14.3%

Summary: The 06043 real estate market had 18 homes for sale in November 2024, a 14.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 1312
-7.7%
4 65
-16.7%
5+ 11
0.0%

Summary: The 06043 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 100%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06043, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in 06043 in November 2024, down by 28.6% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.

Days on Market for 06043, 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 21 Days Ago

Newest Listings in 06043, CT

Nearby Markets to 06043, CT