Is 06751, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06751 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 06751 was a Buyer's Market.

Key Takeaway

06751 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 06751, CT

How much do homes in 06751, CT cost?

Median Sold Price

$437,550

$265/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$251,950(-36.5%)

Key Takeaway

Homes in 06751 have sold for 36.5% less than they did a month ago.

Summary: The median home sold price in 06751 was $437,550 in November 2024, down 36.5% from last month, and the median price per square foot was $265.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$325K
N/A
2 $385K$250K
-35.1%
3 $835K$637.5K
-23.6%
4 --
N/A
5+ $689.5K$1.0M
+48.7%

Summary: 06751 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 35.1%, 3 bedroom homes decreased by 23.6%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 48.7%.

Median Sold Price Compared To Nearby Zip Codes

06763
+127.0%
06751
-36.5%
06793
-75.0%

Housing Supply in 06751, CT

How many homes are available in 06751, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2118-14.3%

Summary: The 06751 real estate market had 18 homes for sale in November 2024, a 14.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 43
-25.0%
3 76
-14.3%
4 55
0.0%
5+ 32
-33.3%

Summary: The 06751 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 25%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06751, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 06751 in November 2024, up by 100.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for 06751, 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 06751, CT

Nearby Markets to 06751, CT