$4,619 Closing Credit*
$389,000
3,911 SqFt
5 Beds
•3 Full Baths
Lisa Weagle, Listing Office: Kazantzis Real Estate, LLC
Is 06374, 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, 06374 has remained a Seller's Market.
Key Takeaway
06374 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06374, CT
How much do homes in 06374, CT cost?
Median Sold Price
$310,000
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$38,500(+14.2%)
Key Takeaway
Homes in 06374 have sold for 14.2% more than they did a year ago.
Summary: The median home sold price in 06374 was $310,000 in October 2024, up 14.2% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $109K | - | N/A |
| 2 Bedrooms | $195K | $270K | +38.5% |
| 3 Bedrooms | $289.4K | $337.5K | +16.6% |
| 4 Bedrooms | $315K | $342.5K | +8.7% |
| 5+ Bedrooms | $294K | $322.5K | +9.7% |
Summary: 06374 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 38.5%, 3 bedroom homes increased by 16.6%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 9.7%.
Housing Supply in 06374, CT
How many homes are available in 06374, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 33 | +3.1% |
Summary: The 06374 real estate market had 33 homes for sale in October 2024, a 3.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 18 | 19 | +5.6% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The 06374 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 increased by 20%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06374, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in 06374 in October 2024, down by 12.5% month-over-month. Of the 7 sold homes, 14% were sold under asking, 29% were sold at asking, and 57% were sold over asking.
Days on Market for 06374, CT
We’re sorry, we don't have information for this market at the moment
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