$4,976 Closing Credit*
$419,000
1,874 SqFt
3 Beds
•1 Full Bath, 1 Partial
David Breau, Listing Office: eXp Realty
Is 06248, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 06248 has remained a Seller's Market.
Key Takeaway
06248 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06248, CT
How much do homes in 06248, CT cost?
Median Sold Price
$460,000
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$67,500(+17.2%)
Key Takeaway
Homes in 06248 have sold for 17.2% more than they did a year ago.
Summary: The median home sold price in 06248 was $460,000 in November 2024, up 17.2% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $270K | $275K | +1.9% |
| 2 Bedrooms | $350K | $430K | +22.9% |
| 3 Bedrooms | $380K | $414.9K | +9.2% |
| 4 Bedrooms | $459.9K | $567.5K | +23.4% |
| 5+ Bedrooms | - | $539K | N/A |
Summary: 06248 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.9%, 2 bedroom homes increased by 22.9%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 23.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 06248 | $392.5K | $460K | +17.2% |
| 06043 | $378K | $415K | +9.8% |
| 06231 | $422.5K | $400K | -5.3% |
| 06237 | $435K | $390K | -10.3% |
Housing Supply in 06248, CT
How many homes are available in 06248, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 16 | -36.0% |
Summary: The 06248 real estate market had 16 homes for sale in November 2024, a 36.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 16 | 11 | -31.3% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 06248 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 31.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06248, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in 06248 in November 2024, down by 11.1% month-over-month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.
Days on Market for 06248, CT
We’re sorry, we don't have information for this market at the moment
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