Is 06082, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06082 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 06082 has remained a Seller's Market.

Key Takeaway

06082 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 06082, CT

How much do homes in 06082, CT cost?

Median Sold Price

$298,550

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$28,550(+10.6%)

Key Takeaway

Homes in 06082 have sold for 10.6% more than they did a year ago.

Summary: The median home sold price in 06082 was $298,550 in October 2024, up 10.6% from last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $149.2K$199.9K
+33.9%
2 $237.9K$257.5K
+8.2%
3 $270K$295K
+9.3%
4 $297.5K$331.2K
+11.3%
5+ $309K$375K
+21.4%

Summary: 06082 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.9%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 21.4%.

Median Sold Price Compared To Nearby Zip Codes

06078
+15.8%
06082
+10.6%
06016
+3.6%
06088
+2.2%
01106
+1.6%

Housing Supply in 06082, CT

How many homes are available in 06082, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
142162+14.1%

Summary: The 06082 real estate market had 162 homes for sale in October 2024, a 14.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 2625
-3.8%
3 6175
+23.0%
4 4346
+7.0%
5+ 1114
+27.3%

Summary: The 06082 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 3.8%, 3 bedroom homes increased by 23%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 27.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42420.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

25 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06082, you could pay more than the asking price. 59.5% of homes here sold above asking price last month.

Summary: A total of 42 homes were sold or pending in 06082 in October 2024, the same as the previous month. Of the 42 sold homes, 21% were sold under asking, 19% were sold at asking, and 60% were sold over asking.

Days on Market for 06082, CT

How long does it take to sell a home in 06082, CT?

Average Sale Time

Oct 2023Oct 2024CHANGE
13 Days4 Days-70.4%

Summary: Homes in 06082 had an average of 4 days on market in Oct 2024, down by 70.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were 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 06082 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 42 homes were sold in 06082; 5% 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 4 Days Ago

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