Is 06095, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06095 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 06095 has remained a Seller's Market.

Key Takeaway

06095 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 06095, CT

How much do homes in 06095, CT cost?

Median Sold Price

$348,333

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$33,500(+10.6%)

Key Takeaway

Homes in 06095 have sold for 10.6% more than they did a year ago.

Summary: The median home sold price in 06095 was $348,333 in October 2024, up 10.6% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $103.7K$265K
+155.4%
2 $250K$279.9K
+12.0%
3 $313K$343K
+9.6%
4 $370K$432.5K
+16.9%
5+ $427K$440K
+3.0%

Summary: 06095 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 155.4%, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes increased by 3%.

Median Sold Price Compared To Nearby Zip Codes

06026
+15.7%
06096
+11.1%
06095
+10.6%
06002
+8.2%
06088
+2.2%

Housing Supply in 06095, CT

How many homes are available in 06095, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7982+3.8%

Summary: The 06095 real estate market had 82 homes for sale in October 2024, a 3.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 913
+44.4%
3 4545
0.0%
4 1819
+5.6%
5+ 75
-28.6%

Summary: The 06095 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 increased by 44.4%, 3 bedroom homes remained the same, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 28.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2522-12.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06095, you could pay more than the asking price. 90.9% of homes here sold above asking price last month.

Summary: A total of 22 homes were sold or pending in 06095 in October 2024, down by 12.0% month-over-month. Of the 22 sold homes, 5% were sold under asking, 5% were sold at asking, and 91% were sold over asking.

Days on Market for 06095, 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 22 Days Ago

Newest Listings in 06095, CT

Nearby Markets to 06095, CT