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 November 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 November 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 November 2024, up 2.5% from last year, and the median price per square foot was $185.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $158.5K$175K
+10.4%
2 $185.7K$215K
+15.7%
3 $299K$317.5K
+6.2%
4 $415K$369K
-11.1%
5+ $365K$435K
+19.2%

Summary: 06250 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.4%, 2 bedroom homes increased by 15.7%, 3 bedroom homes increased by 6.2%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 19.2%.

Median Sold Price Compared To Nearby Zip Codes

06256
+23.7%
06226
+10.7%
06268
+7.5%
06250
+2.5%

Housing Supply in 06250, CT

How many homes are available in 06250, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1516+6.7%

Summary: The 06250 real estate market had 16 homes for sale in November 2024, a 6.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 55
0.0%
3 78
+14.3%
4 33
0.0%
5+ 00
0.0%

Summary: The 06250 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 remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06250, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 06250 in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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