$5,164 Closing Credit*
$434,900
1,658 SqFt
4 Beds
•2 Full Baths
Robert Bishop, Listing Office: Bishop, Edward & Roberts, LLC
Is 06405, 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, 06405 has remained a Seller's Market.
Key Takeaway
06405 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06405, CT
How much do homes in 06405, CT cost?
Median Sold Price
$388,450
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$35,450(+10.0%)
Key Takeaway
Homes in 06405 have sold for 10% more than they did a year ago.
Summary: The median home sold price in 06405 was $388,450 in October 2024, up 10% from last year, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $188K | $211K | +12.2% |
| 2 Bedrooms | $265K | $291K | +9.8% |
| 3 Bedrooms | $465K | $481K | +3.4% |
| 4 Bedrooms | $567.5K | $661.2K | +16.5% |
| 5+ Bedrooms | $792K | $630K | -20.5% |
Summary: 06405 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.2%, 2 bedroom homes increased by 9.8%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 16.5%, and 5+ bedroom homes decreased by 20.5%.
Housing Supply in 06405, CT
How many homes are available in 06405, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 108 | 111 | +2.8% |
Summary: The 06405 real estate market had 111 homes for sale in October 2024, a 2.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 10 | -9.1% |
| 2 Bedrooms | 35 | 38 | +8.6% |
| 3 Bedrooms | 39 | 42 | +7.7% |
| 4 Bedrooms | 18 | 17 | -5.6% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 06405 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.1%, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 30 | +57.9% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06405, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in 06405 in October 2024, up by 57.9% month-over-month. Of the 30 sold homes, 47% were sold under asking, 17% were sold at asking, and 37% were sold over asking.
Days on Market for 06405, CT
We’re sorry, we don't have information for this market at the moment
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