$3,741 Closing Credit*
$315,000
1,202 SqFt
3 Beds
•1 Full Bath
Gregory Hanner, Listing Office: Garden Realty
Is 06385, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$380,000
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$45,000(+13.4%)
Key Takeaway
Homes in 06385 have sold for 13.4% more than they did a year ago.
Summary: The median home sold price in 06385 was $380,000 in November 2024, up 13.4% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $210K | $210.5K | 0.2% |
| 2 Bedrooms | $260K | $317.5K | +22.1% |
| 3 Bedrooms | $355K | $400K | +12.7% |
| 4 Bedrooms | $424.7K | $520K | +22.4% |
| 5+ Bedrooms | $542.5K | $427K | -21.3% |
Summary: 06385 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.2%, 2 bedroom homes increased by 22.1%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 22.4%, and 5+ bedroom homes decreased by 21.3%.
Housing Supply in 06385, CT
How many homes are available in 06385, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 57 | 53 | -7.0% |
Summary: The 06385 real estate market had 53 homes for sale in November 2024, a 7.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 5 | +66.7% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 34 | 29 | -14.7% |
| 4 Bedrooms | 8 | 5 | -37.5% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The 06385 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.7%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 14 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06385, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in 06385 in November 2024, the same as the previous month. Of the 14 sold homes, 36% were sold under asking, 7% were sold at asking, and 57% 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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