$6,768 Closing Credit*
$569,900
2,458 SqFt
3 Beds
•2 Full Baths, 1 Partial
Tracy Molloy, Listing Office: Coldwell Banker Realty
Is 06420, 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, 06420 has remained a Seller's Market.
Key Takeaway
06420 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06420, CT
How much do homes in 06420, CT cost?
Median Sold Price
$410,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,000(+2.2%)
Key Takeaway
Homes in 06420 have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in 06420 was $410,000 in November 2024, up 2.2% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $113.5K | $117.5K | +3.5% |
| 2 Bedrooms | $194K | $207.5K | +7.0% |
| 3 Bedrooms | $372K | $410K | +10.2% |
| 4 Bedrooms | $477.5K | $556.2K | +16.5% |
| 5+ Bedrooms | $560K | $554K | -1.1% |
Summary: 06420 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.5%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 16.5%, and 5+ bedroom homes decreased by 1.1%.
Housing Supply in 06420, CT
How many homes are available in 06420, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 16 | -11.1% |
Summary: The 06420 real estate market had 16 homes for sale in November 2024, a 11.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 10 | 6 | -40.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 06420 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06420, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in 06420 in November 2024, down by 14.3% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.
Days on Market for 06420, CT
We’re sorry, we don't have information for this market at the moment
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