$5,343 Closing Credit*
$449,900
2,184 SqFt
3 Beds
•2 Full Baths
Matthew Kachanis, Listing Office: Williams and Stuart Real Estate
Is 06238, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 06238 has remained a Seller's Market.
Key Takeaway
06238 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06238, CT
How much do homes in 06238, CT cost?
Median Sold Price
$350,000
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,000(+6.1%)
Key Takeaway
Homes in 06238 have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in 06238 was $350,000 in October 2024, up 6.1% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $270K | $211K | -21.9% |
| 2 Bedrooms | $226K | $247.5K | +9.5% |
| 3 Bedrooms | $330K | $370K | +12.1% |
| 4 Bedrooms | $490K | $430K | -12.2% |
| 5+ Bedrooms | $385K | $532.5K | +38.3% |
Summary: 06238 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.9%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 12.1%, 4 bedroom homes decreased by 12.2%, and 5+ bedroom homes increased by 38.3%.
Median Sold Price Compared To Nearby Zip Codes
| 06238 | $330K | $350K | +6.1% |
| 06250 | $300K | $307.5K | +2.5% |
| 06268 | $329.9K | $327K | -0.9% |
| 06232 | $392.4K | $349K | -11.1% |
| 06237 | $437.5K | $375K | -14.3% |
Housing Supply in 06238, CT
How many homes are available in 06238, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 41 | 47 | +14.6% |
Summary: The 06238 real estate market had 47 homes for sale in October 2024, a 14.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 22 | 27 | +22.7% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 06238 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 increased by 14.3%, 3 bedroom homes increased by 22.7%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06238, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in 06238 in October 2024, the same as the previous month. Of the 12 sold homes, 25% were sold under asking, 8% were sold at asking, and 67% were sold over asking.
Days on Market for 06238, CT
We’re sorry, we don't have information for this market at the moment
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