Is 06419, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06419 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 06419 has remained a Seller's Market.

Key Takeaway

06419 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 06419, CT

How much do homes in 06419, CT cost?

Median Sold Price

$590,000

$233/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$50,000(+9.3%)

Key Takeaway

Homes in 06419 have sold for 9.3% more than they did a year ago.

Summary: The median home sold price in 06419 was $590,000 in October 2024, up 9.3% from last year, and the median price per square foot was $233.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $117.5K$185K
+57.4%
3 $505K$625K
+23.8%
4 $647.5K$647.5K
0.0%
5+ $675K-
N/A

Summary: 06419 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 57.4%, 3 bedroom homes increased by 23.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

06419
+9.3%
06443
+8.9%
06441
+4.8%
06413
+4.7%
06412
-4.8%

Housing Supply in 06419, CT

How many homes are available in 06419, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1923+21.1%

Summary: The 06419 real estate market had 23 homes for sale in October 2024, a 21.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 56
+20.0%
4 1011
+10.0%
5+ 33
0.0%

Summary: The 06419 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 200%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06419, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in 06419 in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.

Days on Market for 06419, 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 16 Days Ago

Newest Listings in 06419, CT

Nearby Markets to 06419, CT