Is 06443, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06443 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 06443 has remained a Seller's Market.

Key Takeaway

06443 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 06443, CT

How much do homes in 06443, CT cost?

Median Sold Price

$660,000

$291/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$33,916(+5.4%)

Key Takeaway

Homes in 06443 have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in 06443 was $660,000 in November 2024, up 5.4% from last year, and the median price per square foot was $291.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $230K$248.5K
+8.0%
2 $475K$517.5K
+8.9%
3 $540K$610K
+13.0%
4 $785K$820K
+4.5%
5+ $1.0M$1.2M
+16.8%

Summary: 06443 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 16.8%.

Median Sold Price Compared To Nearby Zip Codes

06413
+8.4%
06443
+5.4%
06422
+5.2%
06437
+3.5%
06419
-0.9%

Housing Supply in 06443, CT

How many homes are available in 06443, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9981-18.2%

Summary: The 06443 real estate market had 81 homes for sale in November 2024, a 18.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 57
+40.0%
2 2015
-25.0%
3 3022
-26.7%
4 3529
-17.1%
5+ 98
-11.1%

Summary: The 06443 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 26.7%, 4 bedroom homes decreased by 17.1%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2321-8.7%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06443, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in 06443 in November 2024, down by 8.7% month-over-month. Of the 21 sold homes, 43% were sold under asking, 19% were sold at asking, and 38% were sold over asking.

Days on Market for 06443, 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 17 Days Ago

Newest Listings in 06443, CT

Nearby Markets to 06443, CT