$5,213 Closing Credit*
$439,000
1,978 SqFt
3 Beds
•2 Full Baths
Debbie Huscher, Listing Office: William Raveis Real Estate
Is 06422, 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, 06422 has remained a Seller's Market.
Key Takeaway
06422 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06422, CT
How much do homes in 06422, CT cost?
Median Sold Price
$445,000
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$27,500(+6.6%)
Key Takeaway
Homes in 06422 have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in 06422 was $445,000 in October 2024, up 6.6% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $324.5K | $160K | -50.7% |
| 2 Bedrooms | $310K | $330K | +6.5% |
| 3 Bedrooms | $392.5K | $425K | +8.3% |
| 4 Bedrooms | $520K | $551K | +6.0% |
| 5+ Bedrooms | - | $550K | N/A |
Summary: 06422 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 50.7%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 6%, and 5+ bedroom homes did not change.
Housing Supply in 06422, CT
How many homes are available in 06422, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 22 | 0.0% |
Summary: The 06422 real estate market had 22 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 06422 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06422, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in 06422 in October 2024, up by 33.3% month-over-month. Of the 8 sold homes, 25% were sold under asking, 13% were sold at asking, and 63% were sold over asking.
Days on Market for 06422, CT
We’re sorry, we don't have information for this market at the moment
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