$2,464 Closing Credit*
$207,500
2,713 SqFt
2 Beds
•2 Full Baths
Brittany Russell, Listing Office: Tier 1 Real Estate
Is 06242, 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, 06242 has remained a Seller's Market.
Key Takeaway
06242 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06242, CT
How much do homes in 06242, CT cost?
Median Sold Price
$336,000
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$63,500(+23.3%)
Key Takeaway
Homes in 06242 have sold for 23.3% more than they did a year ago.
Summary: The median home sold price in 06242 was $336,000 in October 2024, up 23.3% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $236K | - | N/A |
| 2 Bedrooms | $277.5K | $295K | +6.3% |
| 3 Bedrooms | $315K | $413K | +31.1% |
| 4 Bedrooms | $402.4K | $507.5K | +26.1% |
| 5+ Bedrooms | $250K | $465K | +86.0% |
Summary: 06242 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 31.1%, 4 bedroom homes increased by 26.1%, and 5+ bedroom homes increased by 86%.
Median Sold Price Compared To Nearby Zip Codes
| 06242 | $272.5K | $336K | +23.3% |
| 06282 | $376K | $370K | -1.6% |
| 06278 | $345K | $335K | -2.9% |
Housing Supply in 06242, CT
How many homes are available in 06242, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Summary: The 06242 real estate market had 5 homes for sale in October 2024, a 66.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 06242 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 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06242, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 06242 in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 06242, CT
We’re sorry, we don't have information for this market at the moment
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