Is 06757, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06757 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 06757 was a Seller's Market.

Key Takeaway

06757 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 06757, CT

How much do homes in 06757, CT cost?

Median Sold Price

$455,000

$304/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$135,000(-22.9%)

Key Takeaway

Homes in 06757 have sold for 22.9% less than they did a year ago.

Summary: The median home sold price in 06757 was $455,000 in November 2024, down 22.9% from last year, and the median price per square foot was $304.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $400K$231.2K
-42.2%
2 $295K$409.7K
+38.9%
3 $590K$522.2K
-11.5%
4 $880K$1.1M
+31.5%
5+ $1.3M-
N/A

Summary: 06757 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 42.2%, 2 bedroom homes increased by 38.9%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes increased by 31.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

06069
-5.2%
06757
-22.9%

Housing Supply in 06757, CT

How many homes are available in 06757, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1412-14.3%

Summary: The 06757 real estate market had 12 homes for sale in November 2024, a 14.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 21
-50.0%
3 23
+50.0%
4 65
-16.7%
5+ 33
0.0%

Summary: The 06757 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06757, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 06757 in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 06757, 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 18 Days Ago

Newest Listings in 06757, CT

Nearby Markets to 06757, CT