Is 06355, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06355 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 06355 was a Seller's Market.

Key Takeaway

06355 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 06355, CT

How much do homes in 06355, CT cost?

Median Sold Price

$500,000

$305/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2023.

Key Takeaway

The sold price of homes in 06355 has remained the same since last year.

Summary: The median home sold price in 06355 was $500,000 in November 2024, the same as last year, and the median price per square foot was $305.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $750K-
N/A
2 $238K$492.6K
+107.0%
3 $487.5K$497K
+1.9%
4 $659K$510K
-22.6%
5+ $522.5K$1.1M
+123.0%

Summary: 06355 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 107%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 22.6%, and 5+ bedroom homes increased by 123%.

Median Sold Price Compared To Nearby Zip Codes

06340
+15.5%
06339
+12.8%
06378
+2.4%
06355
0.0%

Housing Supply in 06355, CT

How many homes are available in 06355, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4940-18.4%

Summary: The 06355 real estate market had 40 homes for sale in November 2024, a 18.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 86
-25.0%
3 2521
-16.0%
4 1411
-21.4%
5+ 22
0.0%

Summary: The 06355 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 25%, 3 bedroom homes decreased by 16%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
173-82.4%

Asking Price vs. Sold Price

3 Homes Were 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 06355, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 06355 in November 2024, down by 82.4% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 06355, 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 17 Days Ago

Newest Listings in 06355, CT

Nearby Markets to 06355, CT