Is 06515, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06515 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 06515 has remained a Seller's Market.

Key Takeaway

06515 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 06515, CT

How much do homes in 06515, CT cost?

Median Sold Price

$325,000

$207/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$1,500(-0.5%)

Key Takeaway

The sold price of homes in 06515 has remained the same since last year.

Summary: The median home sold price in 06515 was $325,000 in November 2024, down 0.5% from last year, and the median price per square foot was $207.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $117.5K$182.5K
+55.3%
2 $243K$250K
+2.9%
3 $330K$332.5K
+0.8%
4 $440K$430K
-2.3%
5+ $440K$650K
+47.7%

Summary: 06515 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 55.3%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 47.7%.

Median Sold Price Compared To Nearby Zip Codes

06519
+27.5%
06514
+9.1%
06511
+4.6%
06525
-0.4%
06515
-0.5%

Housing Supply in 06515, CT

How many homes are available in 06515, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4239-7.1%

Summary: The 06515 real estate market had 39 homes for sale in November 2024, a 7.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 108
-20.0%
3 1313
0.0%
4 99
0.0%
5+ 109
-10.0%

Summary: The 06515 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 20%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
910+11.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06515, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in 06515 in November 2024, up by 11.1% month-over-month. Of the 10 sold homes, 30% were sold under asking, 10% were sold at asking, and 60% were sold over asking.

Days on Market for 06515, 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 20 Days Ago

Newest Listings in 06515, CT

Nearby Markets to 06515, CT