$4,630 Closing Credit*
$389,900
2,628 SqFt
4 Beds
•1 Full Bath, 1 Partial
Jessica Blancato, Listing Office: William Pitt Sotheby's Int'l
Is 06438, 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, 06438 has remained a Seller's Market.
Key Takeaway
06438 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06438, CT
How much do homes in 06438, CT cost?
Median Sold Price
$462,500
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$50,500(+12.3%)
Key Takeaway
Homes in 06438 have sold for 12.3% more than they did a year ago.
Summary: The median home sold price in 06438 was $462,500 in October 2024, up 12.3% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $275K | - | N/A |
| 2 Bedrooms | $208.5K | $490K | +135.0% |
| 3 Bedrooms | $417.5K | $410K | -1.8% |
| 4 Bedrooms | $468.5K | $640K | +36.6% |
| 5+ Bedrooms | $515K | $405.5K | -21.3% |
Summary: 06438 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 135%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 36.6%, and 5+ bedroom homes decreased by 21.3%.
Housing Supply in 06438, CT
How many homes are available in 06438, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Summary: The 06438 real estate market had 7 homes for sale in October 2024, a 133.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 06438 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 increased by 66.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 06438, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 06438 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 06438, CT
We’re sorry, we don't have information for this market at the moment
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