$4,619 Closing Credit*
$389,000
2,292 SqFt
7 Beds
•3 Full Baths
Heather Besmond, Listing Office: Agnelli Real Estate
Is 06480, 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, 06480 has remained a Seller's Market.
Key Takeaway
06480 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06480, CT
How much do homes in 06480, CT cost?
Median Sold Price
$366,250
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$56,250(+18.1%)
Key Takeaway
Homes in 06480 have sold for 18.1% more than they did a year ago.
Summary: The median home sold price in 06480 was $366,250 in October 2024, up 18.1% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $197.7K | $146.5K | -25.9% |
| 2 Bedrooms | $260.5K | $300K | +15.2% |
| 3 Bedrooms | $310K | $352.5K | +13.7% |
| 4 Bedrooms | $389K | $405K | +4.1% |
| 5+ Bedrooms | $432.5K | $422K | -2.4% |
Summary: 06480 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.9%, 2 bedroom homes increased by 15.2%, 3 bedroom homes increased by 13.7%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes decreased by 2.4%.
Housing Supply in 06480, CT
How many homes are available in 06480, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 25 | -3.8% |
Summary: The 06480 real estate market had 25 homes for sale in October 2024, a 3.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 3 | 6 | +100.0% |
| 3 Bedrooms | 12 | 9 | -25.0% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The 06480 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 5 | -58.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06480, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in 06480 in October 2024, down by 58.3% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.
Days on Market for 06480, CT
We’re sorry, we don't have information for this market at the moment
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