$110,000
5.60 Acres
Land
Nathan Cholewa, Listing Office: Kazantzis Real Estate, LLC
Is 06351, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 06351 has remained a Seller's Market.
Key Takeaway
06351 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06351, CT
How much do homes in 06351, CT cost?
Median Sold Price
$310,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$34,500(+12.5%)
Key Takeaway
Homes in 06351 have sold for 12.5% more than they did a year ago.
Summary: The median home sold price in 06351 was $310,000 in October 2024, up 12.5% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $125K | 0.0% |
| 2 Bedrooms | $172.4K | $232.5K | +34.8% |
| 3 Bedrooms | $302.5K | $332.5K | +9.9% |
| 4 Bedrooms | $350K | $350K | 0.0% |
| 5+ Bedrooms | $285K | $345K | +21.1% |
Summary: 06351 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 34.8%, 3 bedroom homes increased by 9.9%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 21.1%.
Median Sold Price Compared To Nearby Zip Codes
| 06330 | $259.5K | $332.5K | +28.1% |
| 06380 | $212.5K | $257.5K | +21.2% |
| 06351 | $275.5K | $310K | +12.5% |
| 06384 | $350K | $375K | +7.1% |
| 06365 | $351K | $355K | +1.1% |
Housing Supply in 06351, CT
How many homes are available in 06351, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 53 | 67 | +26.4% |
Summary: The 06351 real estate market had 67 homes for sale in October 2024, a 26.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 7 | +16.7% |
| 2 Bedrooms | 13 | 16 | +23.1% |
| 3 Bedrooms | 24 | 33 | +37.5% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The 06351 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 23.1%, 3 bedroom homes increased by 37.5%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 13 | +62.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06351, you could pay more than the asking price. 46.2% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in 06351 in October 2024, up by 62.5% month-over-month. Of the 13 sold homes, 23% were sold under asking, 31% were sold at asking, and 46% were sold over asking.
Days on Market for 06351, CT
We’re sorry, we don't have information for this market at the moment
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