$2,969 Closing Credit*
$250,000
1,318 SqFt
3 Beds
•2 Full Baths
Michelle Sireci, Listing Office: KEY Real Estate Services LLC
Is 06420, 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, 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
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$31,500(+8.3%)
Key Takeaway
Homes in 06420 have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in 06420 was $410,000 in October 2024, up 8.3% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $113.5K | $117.5K | +3.5% |
| 2 Bedrooms | $120K | $195K | +62.5% |
| 3 Bedrooms | $360K | $409.5K | +13.8% |
| 4 Bedrooms | $475K | $556.2K | +17.1% |
| 5+ Bedrooms | $570K | $510K | -10.5% |
Summary: 06420 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.5%, 2 bedroom homes increased by 62.5%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 17.1%, and 5+ bedroom homes decreased by 10.5%.
Housing Supply in 06420, CT
How many homes are available in 06420, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 19 | +5.6% |
Summary: The 06420 real estate market had 19 homes for sale in October 2024, a 5.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 6 | 3 | -50.0% |
| 4 Bedrooms | 8 | 11 | +37.5% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 06420 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 increased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
2 Homes Were 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. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in 06420 in October 2024, up by 75.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% 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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