Is 06793, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06793 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 06793 was a Seller's Market.

Key Takeaway

06793 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 06793, CT

How much do homes in 06793, CT cost?

Median Sold Price

$700,000

$295/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$2,100,000(-75.0%)

Key Takeaway

Homes in 06793 have sold for 75% less than they did a month ago.

Summary: The median home sold price in 06793 was $700,000 in November 2024, down 75% from last month, and the median price per square foot was $295.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $685K-
N/A
3 -$700K
N/A
4 $3.2M-
N/A
5+ $3.9M-
N/A

Summary: 06793 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 did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

06751
-36.5%
06793
-75.0%

Housing Supply in 06793, CT

How many homes are available in 06793, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1816-11.1%

Summary: The 06793 real estate market had 16 homes for sale in November 2024, a 11.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 21
-50.0%
3 34
+33.3%
4 54
-20.0%
5+ 86
-25.0%

Summary: The 06793 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
51-80.0%

Asking Price vs. Sold Price

0 Homes Were 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 06793, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 06793 in November 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 06793, 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 06793, CT

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