Is 06791, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06791 is a neutral's market

Buyer's
Market

Difference Since November 2023

Since last year, 06791 has remained a Neutral Market.

Key Takeaway

06791 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 06791, CT

How much do homes in 06791, CT cost?

Median Sold Price

$415,000

$228/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$57,550(+16.1%)

Key Takeaway

Homes in 06791 have sold for 16.1% more than they did a year ago.

Summary: The median home sold price in 06791 was $415,000 in November 2024, up 16.1% from last year, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $240K$342K
+42.5%
3 $337K$390K
+15.7%
4 $520K$571.5K
+9.9%
5+ $350K$619.9K
+77.1%

Summary: 06791 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 42.5%, 3 bedroom homes increased by 15.7%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 77.1%.

Median Sold Price Compared To Nearby Zip Codes

06791
+16.1%
06790
+14.6%
06013
+2.1%
06787
-1.8%

Housing Supply in 06791, CT

How many homes are available in 06791, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1714-17.6%

Summary: The 06791 real estate market had 14 homes for sale in November 2024, a 17.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 105
-50.0%
4 67
+16.7%
5+ 00
0.0%

Summary: The 06791 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 increased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06791, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 06791 in November 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 06791, 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 06791, CT

Nearby Markets to 06791, CT