Is 06759, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06759 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 06759 has remained a Seller's Market.

Key Takeaway

06759 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 06759, CT

How much do homes in 06759, CT cost?

Median Sold Price

$590,000

$246/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$132,500(+29.0%)

Key Takeaway

Homes in 06759 have sold for 29% more than they did a year ago.

Summary: The median home sold price in 06759 was $590,000 in October 2024, up 29% from last year, and the median price per square foot was $246.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $369.9K$415K
+12.2%
3 $457.5K$567.5K
+24.0%
4 $605K$650K
+7.4%
5+ $1.3M$795K
-38.9%

Summary: 06759 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 24%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes decreased by 38.9%.

Median Sold Price Compared To Nearby Zip Codes

06759
+29.0%
06763
+13.7%
06756
+11.3%

Housing Supply in 06759, CT

How many homes are available in 06759, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4339-9.3%

Summary: The 06759 real estate market had 39 homes for sale in October 2024, a 9.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 2222
0.0%
4 89
+12.5%
5+ 104
-60.0%

Summary: The 06759 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 increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 60%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
97-22.2%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06759, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 06759 in October 2024, down by 22.2% month-over-month. Of the 7 sold homes, 57% were sold under asking, 0% were sold at asking, and 43% were sold over asking.

Days on Market for 06759, 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 06759, CT

Nearby Markets to 06759, CT