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 October 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

$678,000

$296/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$55,333(+8.9%)

Key Takeaway

Homes in 06443 have sold for 8.9% more than they did a year ago.

Summary: The median home sold price in 06443 was $678,000 in October 2024, up 8.9% from last year, and the median price per square foot was $296.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $185K$238.5K
+28.9%
2 $461.5K$517.5K
+12.1%
3 $546.5K$610K
+11.6%
4 $785K$822.5K
+4.8%
5+ $1.0M$1.2M
+11.6%

Summary: 06443 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.9%, 2 bedroom homes increased by 12.1%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 11.6%.

Median Sold Price Compared To Nearby Zip Codes

06419
+9.3%
06443
+8.9%
06422
+6.6%
06437
+5.1%
06413
+4.7%

Housing Supply in 06443, CT

How many homes are available in 06443, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9798+1.0%

Summary: The 06443 real estate market had 98 homes for sale in October 2024, a 1.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 87
-12.5%
2 2219
-13.6%
3 3028
-6.7%
4 3034
+13.3%
5+ 710
+42.9%

Summary: The 06443 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes decreased by 13.6%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 42.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2120-4.8%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

2 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. 55% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 06443 in October 2024, down by 4.8% month-over-month. Of the 20 sold homes, 55% were sold under asking, 35% were sold at asking, and 10% 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 16 Days Ago

Newest Listings in 06443, CT

Nearby Markets to 06443, CT