$3,788 Closing Credit*
$319,000
1,404 SqFt
3 Beds
•1 Full Bath, 1 Partial
Cristy Lu, Listing Office: YellowBrick Real Estate LLC
Is 06450, 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, 06450 has remained a Seller's Market.
Key Takeaway
06450 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06450, CT
How much do homes in 06450, CT cost?
Median Sold Price
$285,000
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$35,000(+14.0%)
Key Takeaway
Homes in 06450 have sold for 14% more than they did a year ago.
Summary: The median home sold price in 06450 was $285,000 in October 2024, up 14% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $96.2K | $109.5K | +13.8% |
| 2 Bedrooms | $185K | $224.4K | +21.3% |
| 3 Bedrooms | $280.5K | $314K | +11.9% |
| 4 Bedrooms | $301.5K | $336.2K | +11.5% |
| 5+ Bedrooms | $302K | $370K | +22.5% |
Summary: 06450 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.8%, 2 bedroom homes increased by 21.3%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 22.5%.
Housing Supply in 06450, CT
How many homes are available in 06450, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 125 | 110 | -12.0% |
Summary: The 06450 real estate market had 110 homes for sale in October 2024, a 12.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 46 | 37 | -19.6% |
| 3 Bedrooms | 48 | 49 | +2.1% |
| 4 Bedrooms | 14 | 12 | -14.3% |
| 5+ Bedrooms | 16 | 12 | -25.0% |
Summary: The 06450 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 19.6%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 33 | -28.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06450, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.
Summary: A total of 33 homes were sold or pending in 06450 in October 2024, down by 28.3% month-over-month. Of the 33 sold homes, 24% were sold under asking, 12% were sold at asking, and 64% were sold over asking.
Days on Market for 06450, CT
We’re sorry, we don't have information for this market at the moment
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