Is 06069, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06069 is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, 06069 has remained a Buyer's Market.

Key Takeaway

06069 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 06069, CT

How much do homes in 06069, CT cost?

Median Sold Price

$575,000

$274/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$75,000(-11.5%)

Key Takeaway

Homes in 06069 have sold for 11.5% less than they did a year ago.

Summary: The median home sold price in 06069 was $575,000 in October 2024, down 11.5% from last year, and the median price per square foot was $274.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $430K$295K
-31.4%
3 $600K$710K
+18.3%
4 $807.5K$880K
+9.0%
5+ $1.0M$1.9M
+89.3%

Summary: 06069 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 decreased by 31.4%, 3 bedroom homes increased by 18.3%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 89.3%.

Median Sold Price Compared To Nearby Zip Codes

06796
+37.5%
06039
-7.6%
06069
-11.5%
06757
-11.5%

Housing Supply in 06069, CT

How many homes are available in 06069, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3126-16.1%

Summary: The 06069 real estate market had 26 homes for sale in October 2024, a 16.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 99
0.0%
3 107
-30.0%
4 76
-14.3%
5+ 43
-25.0%

Summary: The 06069 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 remained the same, 3 bedroom homes decreased by 30%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
83-62.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06069, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 06069 in October 2024, down by 62.5% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 06069, 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 16 Days Ago

Newest Listings in 06069, CT

Nearby Markets to 06069, CT