$5,878 Closing Credit*
$495,000
2,211 SqFt
3 Beds
•1 Full Bath, 1 Partial
Wayne Hugendubel, Listing Office: Coldwell Banker Realty
Is 06461, 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, 06461 has remained a Seller's Market.
Key Takeaway
06461 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06461, CT
How much do homes in 06461, CT cost?
Median Sold Price
$447,200
$271/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$42,200(+10.4%)
Key Takeaway
Homes in 06461 have sold for 10.4% more than they did a year ago.
Summary: The median home sold price in 06461 was $447,200 in October 2024, up 10.4% from last year, and the median price per square foot was $271.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $224K | $252.5K | +12.7% |
| 2 Bedrooms | $360K | $387.5K | +7.6% |
| 3 Bedrooms | $430K | $475K | +10.5% |
| 4 Bedrooms | $519K | $570K | +9.8% |
| 5+ Bedrooms | $570K | $760K | +33.3% |
Summary: 06461 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.7%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 33.3%.
Housing Supply in 06461, CT
How many homes are available in 06461, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 54 | 62 | +14.8% |
Summary: The 06461 real estate market had 62 homes for sale in October 2024, a 14.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 8 | +60.0% |
| 2 Bedrooms | 13 | 15 | +15.4% |
| 3 Bedrooms | 20 | 24 | +20.0% |
| 4 Bedrooms | 14 | 14 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 06461 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 60%, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06461, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in 06461 in October 2024, the same as the previous month. Of the 11 sold homes, 36% were sold under asking, 0% were sold at asking, and 64% were sold over asking.
Days on Market for 06461, CT
We’re sorry, we don't have information for this market at the moment
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