Is 06513, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06513 is a neutral's market

Buyer's
Market

Difference Since November 2023

Since last year, 06513 has remained a Neutral Market.

Key Takeaway

06513 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 06513, CT

How much do homes in 06513, CT cost?

Median Sold Price

$285,000

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$42,000(+17.3%)

Key Takeaway

Homes in 06513 have sold for 17.3% more than they did a year ago.

Summary: The median home sold price in 06513 was $285,000 in November 2024, up 17.3% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $155K$134.9K
-13.0%
2 $194.7K$220K
+13.0%
3 $280K$335K
+19.6%
4 $310K$325.5K
+5.0%
5+ $340K$381.5K
+12.2%

Summary: 06513 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13%, 2 bedroom homes increased by 13%, 3 bedroom homes increased by 19.6%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 12.2%.

Median Sold Price Compared To Nearby Zip Codes

06513
+17.3%
06473
+13.0%
06512
+9.7%
06517
+5.0%
06511
+4.6%

Housing Supply in 06513, CT

How many homes are available in 06513, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
117100-14.5%

Summary: The 06513 real estate market had 100 homes for sale in November 2024, a 14.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 4133
-19.5%
3 2718
-33.3%
4 1214
+16.7%
5+ 3533
-5.7%

Summary: The 06513 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 19.5%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 5.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3016-46.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06513, you could pay more than the asking price. 68.8% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in 06513 in November 2024, down by 46.7% month-over-month. Of the 16 sold homes, 19% were sold under asking, 13% were sold at asking, and 69% were sold over asking.

Days on Market for 06513, CT

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in 06513, CT

Nearby Markets to 06513, CT