$3,383 Closing Credit*
$284,900
1,214 SqFt
3 Beds
•1 Full Bath, 1 Partial
Amy Rio, Listing Office: Executive Real Estate Inc.
Is 06492, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 06492 has remained a Seller's Market.
Key Takeaway
06492 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06492, CT
How much do homes in 06492, CT cost?
Median Sold Price
$360,000
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$35,000(+10.8%)
Key Takeaway
Homes in 06492 have sold for 10.8% more than they did a year ago.
Summary: The median home sold price in 06492 was $360,000 in November 2024, up 10.8% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $124K | $125K | +0.8% |
| 2 Bedrooms | $240K | $270K | +12.5% |
| 3 Bedrooms | $342.5K | $375K | +9.5% |
| 4 Bedrooms | $410K | $491K | +19.8% |
| 5+ Bedrooms | $433.5K | $582.5K | +34.4% |
Summary: 06492 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.8%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 19.8%, and 5+ bedroom homes increased by 34.4%.
Housing Supply in 06492, CT
How many homes are available in 06492, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 137 | 103 | -24.8% |
Summary: The 06492 real estate market had 103 homes for sale in November 2024, a 24.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 5 | -44.4% |
| 2 Bedrooms | 32 | 29 | -9.4% |
| 3 Bedrooms | 59 | 42 | -28.8% |
| 4 Bedrooms | 28 | 22 | -21.4% |
| 5+ Bedrooms | 9 | 5 | -44.4% |
Summary: The 06492 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 44.4%, 2 bedroom homes decreased by 9.4%, 3 bedroom homes decreased by 28.8%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes decreased by 44.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 54 | 41 | -24.1% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06492, you could pay more than the asking price. 53.7% of homes here sold above asking price last month.
Summary: A total of 41 homes were sold or pending in 06492 in November 2024, down by 24.1% month-over-month. Of the 41 sold homes, 37% were sold under asking, 10% were sold at asking, and 54% were sold over asking.
Days on Market for 06492, CT
We’re sorry, we don't have information for this market at the moment
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