Is 06096, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06096 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 06096 has remained a Seller's Market.

Key Takeaway

06096 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 06096, CT

How much do homes in 06096, CT cost?

Median Sold Price

$300,000

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$30,000(+11.1%)

Key Takeaway

Homes in 06096 have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in 06096 was $300,000 in October 2024, up 11.1% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $134.7K$149K
+10.6%
2 $231.7K$258.7K
+11.6%
3 $285K$315K
+10.5%
4 $315K$325.5K
+3.3%
5+ $270K$307K
+13.7%

Summary: 06096 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.6%, 2 bedroom homes increased by 11.6%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 13.7%.

Median Sold Price Compared To Nearby Zip Codes

06078
+15.8%
06026
+15.7%
06096
+11.1%
06095
+10.6%
06088
+2.2%

Housing Supply in 06096, CT

How many homes are available in 06096, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4432-27.3%

Summary: The 06096 real estate market had 32 homes for sale in October 2024, a 27.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 168
-50.0%
3 2218
-18.2%
4 55
0.0%
5+ 00
0.0%

Summary: The 06096 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 50%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1614-12.5%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06096, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 06096 in October 2024, down by 12.5% month-over-month. Of the 14 sold homes, 50% were sold under asking, 7% were sold at asking, and 43% were sold over asking.

Days on Market for 06096, 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 23 Days Ago

Newest Listings in 06096, CT

Nearby Markets to 06096, CT