$5,046 Closing Credit*
$424,900
4,052 SqFt
7 Beds
•3 Full Baths
Michael Johnson, Listing Office: Lock and Key Realty, Inc
Is 06076, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 06076 was a Buyer's Market.
Key Takeaway
06076 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06076, CT
How much do homes in 06076, CT cost?
Median Sold Price
$264,950
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$1,450(+0.6%)
Key Takeaway
Homes in 06076 have sold for 0.6% more than they did a year ago.
Summary: The median home sold price in 06076 was $264,950 in October 2024, up 0.6% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $43.7K | $56K | +28.0% |
| 2 Bedrooms | $175K | $225K | +28.6% |
| 3 Bedrooms | $278K | $297.5K | +7.0% |
| 4 Bedrooms | $287.5K | $360K | +25.2% |
| 5+ Bedrooms | $365K | $250K | -31.5% |
Summary: 06076 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 25.2%, and 5+ bedroom homes decreased by 31.5%.
Housing Supply in 06076, CT
How many homes are available in 06076, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 39 | 32 | -17.9% |
Summary: The 06076 real estate market had 32 homes for sale in October 2024, a 17.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 8 | 5 | -37.5% |
| 3 Bedrooms | 20 | 14 | -30.0% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 06076 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 decreased by 37.5%, 3 bedroom homes decreased by 30%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 7 | -65.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06076, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in 06076 in October 2024, down by 65.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% were sold over asking.
Days on Market for 06076, CT
We’re sorry, we don't have information for this market at the moment
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