Is 06250, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06250 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 06250 has remained a Seller's Market.

Key Takeaway

06250 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 06250, CT

How much do homes in 06250, CT cost?

Median Sold Price

$307,500

$185/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$7,500(+2.5%)

Key Takeaway

Homes in 06250 have sold for 2.5% more than they did a year ago.

Summary: The median home sold price in 06250 was $307,500 in October 2024, up 2.5% from last year, and the median price per square foot was $185.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $151K$175K
+15.9%
2 $185.5K$215K
+15.9%
3 $302.5K$313.7K
+3.7%
4 $400K$358K
-10.5%
5+ $365K$435K
+19.2%

Summary: 06250 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.9%, 2 bedroom homes increased by 15.9%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes increased by 19.2%.

Median Sold Price Compared To Nearby Zip Codes

06226
+10.4%
06250
+2.5%
06268
-0.9%

Housing Supply in 06250, CT

How many homes are available in 06250, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1214+16.7%

Summary: The 06250 real estate market had 14 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 14
+300.0%
3 77
0.0%
4 33
0.0%
5+ 10
-100.0%

Summary: The 06250 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 300%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

0 Homes Were 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 06250, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in 06250 in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 06250, 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 21 Days Ago

Newest Listings in 06250, CT

Nearby Markets to 06250, CT