Is 06360, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06360 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 06360 has remained a Seller's Market.

Key Takeaway

06360 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 06360, CT

How much do homes in 06360, CT cost?

Median Sold Price

$255,066

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,066(+10.9%)

Key Takeaway

Homes in 06360 have sold for 10.9% more than they did a year ago.

Summary: The median home sold price in 06360 was $255,066 in November 2024, up 10.9% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $135K$175K
+29.6%
2 $185K$219K
+18.4%
3 $247.5K$275.5K
+11.3%
4 $291.8K$310K
+6.2%
5+ $286K$300.2K
+5.0%

Summary: 06360 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.6%, 2 bedroom homes increased by 18.4%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 5%.

Median Sold Price Compared To Nearby Zip Codes

06334
+35.0%
06380
+22.3%
06360
+10.9%
06365
+3.4%

Housing Supply in 06360, CT

How many homes are available in 06360, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
201170-15.4%

Summary: The 06360 real estate market had 170 homes for sale in November 2024, a 15.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1210
-16.7%
2 4631
-32.6%
3 6157
-6.6%
4 5145
-11.8%
5+ 3127
-12.9%

Summary: The 06360 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 32.6%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes decreased by 12.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5642-25.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

25 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06360, you could pay more than the asking price. 59.5% of homes here sold above asking price last month.

Summary: A total of 42 homes were sold or pending in 06360 in November 2024, down by 25.0% month-over-month. Of the 42 sold homes, 24% were sold under asking, 17% were sold at asking, and 60% were sold over asking.

Days on Market for 06360, 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 06360, CT

Nearby Markets to 06360, CT