Is 06249, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06249 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 06249 was a Seller's Market.

Key Takeaway

06249 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 06249, CT

How much do homes in 06249, CT cost?

Median Sold Price

$400,000

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$60,000(+17.6%)

Key Takeaway

Homes in 06249 have sold for 17.6% more than they did a year ago.

Summary: The median home sold price in 06249 was $400,000 in November 2024, up 17.6% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $222.5K-
N/A
2 $290K$295K
+1.7%
3 $340K$400K
+17.6%
4 $472.5K$450K
-4.8%
5+ -$412.5K
N/A

Summary: 06249 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.7%, 3 bedroom homes increased by 17.6%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

06249
+17.6%
06226
+10.7%
06237
-10.3%

Housing Supply in 06249, CT

How many homes are available in 06249, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2724-11.1%

Summary: The 06249 real estate market had 24 homes for sale in November 2024, a 11.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 54
-20.0%
3 118
-27.3%
4 99
0.0%
5+ 12
+100.0%

Summary: The 06249 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 20%, 3 bedroom homes decreased by 27.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06249, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in 06249 in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.

Days on Market for 06249, CT

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 25 Days Ago

Newest Listings in 06249, CT

Nearby Markets to 06249, CT