Is 06334, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06334 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 06334 was a Seller's Market.

Key Takeaway

06334 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 06334, CT

How much do homes in 06334, CT cost?

Median Sold Price

$340,000

$167/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$22,500(-6.2%)

Key Takeaway

Homes in 06334 have sold for 6.2% less than they did a month ago.

Summary: The median home sold price in 06334 was $340,000 in October 2024, down 6.2% from last month, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $300K-
N/A
3 $425K-
N/A
4 -$340K
N/A
5+ --
N/A

Summary: 06334 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 06334, CT

How many homes are available in 06334, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
98-11.1%

Summary: The 06334 real estate market had 8 homes for sale in October 2024, a 11.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 54
-20.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The 06334 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 decreased by 33.3%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06334, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 06334 in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 06334, 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 23 Days Ago

Newest Listings in 06334, CT

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