$8,906 Closing Credit*
$750,000
1,170 SqFt
3 Beds
•1 Full Bath
Jaime Dasilva, Listing Office: William Raveis Real Estate
Is 06498, 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, 06498 has remained a Seller's Market.
Key Takeaway
06498 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06498, CT
How much do homes in 06498, CT cost?
Median Sold Price
$518,000
$267/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$500(+0.1%)
Key Takeaway
The sold price of homes in 06498 has remained the same since last year.
Summary: The median home sold price in 06498 was $518,000 in October 2024, up 0.1% from last year, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145K | $114.9K | -20.7% |
| 2 Bedrooms | $284.5K | $224K | -21.2% |
| 3 Bedrooms | $550K | $498.7K | -9.3% |
| 4 Bedrooms | $560K | $829K | +48.0% |
| 5+ Bedrooms | $857.5K | $815K | -5.0% |
Summary: 06498 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.7%, 2 bedroom homes decreased by 21.2%, 3 bedroom homes decreased by 9.3%, 4 bedroom homes increased by 48%, and 5+ bedroom homes decreased by 5%.
Housing Supply in 06498, CT
How many homes are available in 06498, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 27 | 0.0% |
Summary: The 06498 real estate market had 27 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 13 | 12 | -7.7% |
| 3 Bedrooms | 6 | 9 | +50.0% |
| 4 Bedrooms | 7 | 4 | -42.9% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 06498 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06498, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 06498 in October 2024, down by 28.6% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for 06498, CT
We’re sorry, we don't have information for this market at the moment
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