$3,918 Closing Credit*
$329,900
858 SqFt
3 Beds
•1 Full Bath
Jennifer Jennings, Listing Office: William Raveis Real Estate
Is 06385, 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, 06385 has remained a Seller's Market.
Key Takeaway
06385 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06385, CT
How much do homes in 06385, CT cost?
Median Sold Price
$390,000
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$65,000(+20.0%)
Key Takeaway
Homes in 06385 have sold for 20% more than they did a year ago.
Summary: The median home sold price in 06385 was $390,000 in October 2024, up 20% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $210K | $212.5K | +1.2% |
| 2 Bedrooms | $260K | $315K | +21.2% |
| 3 Bedrooms | $350K | $392.5K | +12.1% |
| 4 Bedrooms | $415K | $520K | +25.3% |
| 5+ Bedrooms | $462.4K | $469.5K | +1.5% |
Summary: 06385 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.2%, 2 bedroom homes increased by 21.2%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 25.3%, and 5+ bedroom homes increased by 1.5%.
Housing Supply in 06385, CT
How many homes are available in 06385, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 78 | 57 | -26.9% |
Summary: The 06385 real estate market had 57 homes for sale in October 2024, a 26.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 2 | -50.0% |
| 2 Bedrooms | 18 | 9 | -50.0% |
| 3 Bedrooms | 40 | 36 | -10.0% |
| 4 Bedrooms | 13 | 7 | -46.2% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 06385 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 46.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 13 | -56.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06385, you may be able to get a good deal. 38.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 06385 in October 2024, down by 56.7% month-over-month. Of the 13 sold homes, 38% were sold under asking, 23% were sold at asking, and 38% were sold over asking.
Days on Market for 06385, CT
We’re sorry, we don't have information for this market at the moment
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