$55,000
2.50 Acres
Land
Peter Plourde, Listing Office: Berkshire Hathaway NE Prop.
Is 06247, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 06247 was a Neutral Market.
Key Takeaway
06247 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06247, CT
How much do homes in 06247, CT cost?
Median Sold Price
$357,500
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$82,500(+30.0%)
Key Takeaway
Homes in 06247 have sold for 30% more than they did a year ago.
Summary: The median home sold price in 06247 was $357,500 in October 2024, up 30% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $206.5K | $257K | +24.5% |
| 3 Bedrooms | $300K | $375K | +25.0% |
| 4 Bedrooms | $449.9K | $290K | -35.5% |
| 5+ Bedrooms | $195K | - | N/A |
Summary: 06247 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 24.5%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 35.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 06247 | $275K | $357.5K | +30.0% |
| 06331 | $328K | $365K | +11.3% |
Housing Supply in 06247, CT
How many homes are available in 06247, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 16 | +33.3% |
Summary: The 06247 real estate market had 16 homes for sale in October 2024, a 33.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 9 | 13 | +44.4% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 06247 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 remained the same, 3 bedroom homes increased by 44.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06247, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 06247 in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for 06247, CT
We’re sorry, we don't have information for this market at the moment
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