Is 06457, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 06457 has remained a Seller's Market.
Housing Prices in 06457, CT
How much do homes in 06457, CT cost?
Median Sold Price
$294,400
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 06457 was $294,400 in May 2024, up 4.7% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $118.5K | $155K | +30.8% |
2 Bedrooms | $183.5K | $223.5K | +21.8% |
3 Bedrooms | $300K | $329.9K | +10.0% |
4 Bedrooms | $325K | $355K | +9.2% |
5+ Bedrooms | $315K | $375K | +19.0% |
Summary: 06457 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.8%, 2 bedroom homes increased by 21.8%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes increased by 19%.
Median Sold Price Compared To Nearby Zip Codes
06416 | $287.5K | $303K | +5.4% |
06457 | $281.2K | $294.4K | +4.7% |
Housing Supply in 06457, CT
How many homes are available in 06457, CT?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
124 | 133 | +7.3% |
Summary: The 06457 real estate market had 133 homes for sale in May 2024, a 7.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 11 | 14 | +27.3% |
2 Bedrooms | 39 | 44 | +12.8% |
3 Bedrooms | 41 | 43 | +4.9% |
4 Bedrooms | 24 | 20 | -16.7% |
5+ Bedrooms | 9 | 12 | +33.3% |
Summary: The 06457 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 27.3%, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 4.9%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
36 | 34 | -5.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in 06457 in May 2024, down by 5.6% month-over-month. Of the 34 sold homes, 24% were sold under asking, 9% were sold at asking, and 68% were sold over asking.
Days on Market for 06457, CT
We’re sorry, we don't have information for this market at the moment