Is 06066, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06066 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 06066 has remained a Seller's Market.

Key Takeaway

06066 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 06066, CT

How much do homes in 06066, CT cost?

Median Sold Price

$301,000

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$26,000(+9.5%)

Key Takeaway

Homes in 06066 have sold for 9.5% more than they did a year ago.

Summary: The median home sold price in 06066 was $301,000 in December 2024, up 9.5% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $100K$145K
+45.0%
2 $186K$215K
+15.6%
3 $292K$330K
+13.0%
4 $350K$355K
+1.4%
5+ $324K$313.7K
-3.2%

Summary: 06066 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 45%, 2 bedroom homes increased by 15.6%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes decreased by 3.2%.

Median Sold Price Compared To Nearby Zip Codes

06066
+9.5%
06043
+9.3%
06029
+9.1%
06074
+8.2%
06042
+5.4%

Housing Supply in 06066, CT

How many homes are available in 06066, CT?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
7155-22.5%

Summary: The 06066 real estate market had 55 homes for sale in December 2024, a 22.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 42
-50.0%
2 1812
-33.3%
3 2622
-15.4%
4 1412
-14.3%
5+ 97
-22.2%

Summary: The 06066 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 22.2%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2025+25.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06066, you could pay more than the asking price. 68% of homes here sold above asking price last month.

Summary: A total of 25 homes were sold or pending in 06066 in December 2024, up by 25.0% month-over-month. Of the 25 sold homes, 20% were sold under asking, 12% were sold at asking, and 68% were sold over asking.

Days on Market for 06066, CT

How long does it take to sell a home in 06066, CT?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 06066 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 25 homes were sold in 06066; 4% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 8 Days Ago

Newest Listings in 06066, CT

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