$3,741 Closing Credit*
$315,000
2,602 SqFt
5 Beds
•3 Full Baths
Lauren Hill, Listing Office: Mark Tavares Realty, LLC
Is 06098, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 06098 was a Seller's Market.
Key Takeaway
06098 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 06098, CT
How much do homes in 06098, CT cost?
Median Sold Price
$275,500
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$46,000(+20.0%)
Key Takeaway
Homes in 06098 have sold for 20% more than they did a year ago.
Summary: The median home sold price in 06098 was $275,500 in November 2024, up 20% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $190K | $150K | -21.1% |
| 2 Bedrooms | $170K | $220K | +29.4% |
| 3 Bedrooms | $236.5K | $330K | +39.5% |
| 4 Bedrooms | $250K | $275K | +10.0% |
| 5+ Bedrooms | $240K | $309K | +28.7% |
Summary: 06098 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.1%, 2 bedroom homes increased by 29.4%, 3 bedroom homes increased by 39.5%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 28.7%.
Housing Supply in 06098, CT
How many homes are available in 06098, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 60 | 59 | -1.7% |
Summary: The 06098 real estate market had 59 homes for sale in November 2024, a 1.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 12 | 10 | -16.7% |
| 3 Bedrooms | 18 | 19 | +5.6% |
| 4 Bedrooms | 19 | 17 | -10.5% |
| 5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The 06098 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 9 | -35.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06098, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 06098 in November 2024, down by 35.7% month-over-month. Of the 9 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% were sold over asking.
Days on Market for 06098, CT
We’re sorry, we don't have information for this market at the moment
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