Is 06441, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06441 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 06441 has remained a Seller's Market.

Key Takeaway

06441 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 06441, CT

How much do homes in 06441, CT cost?

Median Sold Price

$435,000

$223/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$35,100(+8.8%)

Key Takeaway

Homes in 06441 have sold for 8.8% more than they did a year ago.

Summary: The median home sold price in 06441 was $435,000 in November 2024, up 8.8% from last year, and the median price per square foot was $223.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$260K
N/A
2 $205K$390K
+90.2%
3 $382.5K$430K
+12.4%
4 $602.5K$500K
-17.0%
5+ $385K$577.5K
+50.0%

Summary: 06441 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 90.2%, 3 bedroom homes increased by 12.4%, 4 bedroom homes decreased by 17%, and 5+ bedroom homes increased by 50%.

Median Sold Price Compared To Nearby Zip Codes

06438
+9.2%
06441
+8.8%
06422
+5.2%
06419
-0.9%
06412
-7.9%

Housing Supply in 06441, CT

How many homes are available in 06441, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1918-5.3%

Summary: The 06441 real estate market had 18 homes for sale in November 2024, a 5.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 76
-14.3%
3 65
-16.7%
4 46
+50.0%
5+ 21
-50.0%

Summary: The 06441 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06441, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in 06441 in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.

Days on Market for 06441, CT

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in 06441, CT

Nearby Markets to 06441, CT