$2,957 Closing Credit*
$249,000
1,008 SqFt
3 Beds
•1 Full Bath, 1 Partial
Lea Poresky, 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 October 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
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,000(+4.0%)
Key Takeaway
Homes in 06424 have sold for 4% more than they did a year ago.
Summary: The median home sold price in 06424 was $360,000 in October 2024, up 4% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | $207K | +6.2% |
| 2 Bedrooms | $218.5K | $248.5K | +13.7% |
| 3 Bedrooms | $344.5K | $365K | +6.0% |
| 4 Bedrooms | $430K | $450K | +4.7% |
| 5+ Bedrooms | $579.4K | $505K | -12.8% |
Summary: 06424 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.2%, 2 bedroom homes increased by 13.7%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes decreased by 12.8%.
Median Sold Price Compared To Nearby Zip Codes
| 06480 | $310K | $366.2K | +18.1% |
| 06424 | $346K | $360K | +4.0% |
Housing Supply in 06424, CT
How many homes are available in 06424, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 48 | 50 | +4.2% |
Summary: The 06424 real estate market had 50 homes for sale in October 2024, a 4.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 3 | -40.0% |
| 2 Bedrooms | 4 | 10 | +150.0% |
| 3 Bedrooms | 22 | 18 | -18.2% |
| 4 Bedrooms | 17 | 17 | 0.0% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The 06424 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes increased by 150%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06424, you could pay more than the asking price. 72.7% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in 06424 in October 2024, down by 15.4% month-over-month. Of the 11 sold homes, 18% were sold under asking, 9% were sold at asking, and 73% 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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