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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06757 is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, 06757 has remained a Buyer's Market.

Key Takeaway

06757 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 06757, CT

How much do homes in 06757, CT cost?

Median Sold Price

$522,250

$310/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$67,750(-11.5%)

Key Takeaway

Homes in 06757 have sold for 11.5% less than they did a year ago.

Summary: The median home sold price in 06757 was $522,250 in October 2024, down 11.5% from last year, and the median price per square foot was $310.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $400K$231.2K
-42.2%
2 $285K$409.7K
+43.8%
3 $590K$522.2K
-11.5%
4 $865K$1.1M
+36.4%
5+ $1.3M-
N/A

Summary: 06757 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 42.2%, 2 bedroom homes increased by 43.8%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

06757
-11.5%
06069
-11.5%

Housing Supply in 06757, CT

How many homes are available in 06757, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1416+14.3%

Summary: The 06757 real estate market had 16 homes for sale in October 2024, a 14.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 32
-33.3%
3 24
+100.0%
4 66
0.0%
5+ 23
+50.0%

Summary: The 06757 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 33.3%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06757, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 06757 in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% 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 16 Days Ago

Newest Listings in 06757, CT

Nearby Markets to 06757, CT