$5,343 Closing Credit*
$449,900
2,161 SqFt
3 Beds
•2 Full Baths
Carl Guild, Listing Office: Carl Guild & Associates
Is 06424, 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, 06424 has remained a Seller's Market.
Key Takeaway
06424 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06424, CT
How much do homes in 06424, CT cost?
Median Sold Price
$360,000
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,750(+3.4%)
Key Takeaway
Homes in 06424 have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in 06424 was $360,000 in November 2024, up 3.4% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $213K | $207K | -2.8% |
| 2 Bedrooms | $215K | $254K | +18.1% |
| 3 Bedrooms | $365K | $370K | +1.4% |
| 4 Bedrooms | $425.5K | $477.2K | +12.2% |
| 5+ Bedrooms | $579.4K | $482.2K | -16.8% |
Summary: 06424 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.8%, 2 bedroom homes increased by 18.1%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes decreased by 16.8%.
Median Sold Price Compared To Nearby Zip Codes
| 06480 | $307.5K | $360K | +17.1% |
| 06469 | $289.5K | $315K | +8.8% |
| 06424 | $348.2K | $360K | +3.4% |
Housing Supply in 06424, CT
How many homes are available in 06424, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 39 | -25.0% |
Summary: The 06424 real estate market had 39 homes for sale in November 2024, a 25.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 2 | -50.0% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 17 | 13 | -23.5% |
| 4 Bedrooms | 19 | 12 | -36.8% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 06424 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 23.5%, 4 bedroom homes decreased by 36.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 7 | -46.2% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06424, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in 06424 in November 2024, down by 46.2% month-over-month. Of the 7 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% were sold over asking.
Days on Market for 06424, CT
We’re sorry, we don't have information for this market at the moment
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