$649,000
5.50 Acres
Land
Kathryn Bassett, Listing Office: William Pitt Sotheby's Int'l
Is 06794, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 06794 has remained a Buyer's Market.
Key Takeaway
06794 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 06794, CT
How much do homes in 06794, CT cost?
Median Sold Price
$800,000
$404/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$887,500(-52.6%)
Key Takeaway
Homes in 06794 have sold for 52.6% less than they did a year ago.
Summary: The median home sold price in 06794 was $800,000 in October 2024, down 52.6% from last year, and the median price per square foot was $404.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $504K | N/A |
| 3 Bedrooms | $670K | $645K | -3.7% |
| 4 Bedrooms | $1.9M | $1.6M | -12.8% |
| 5+ Bedrooms | $6.2M | - | N/A |
Summary: 06794 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 did not change, 3 bedroom homes decreased by 3.7%, 4 bedroom homes decreased by 12.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 06793 | $981K | $1.7M | +78.4% |
| 06763 | $466K | $530K | +13.7% |
| 06794 | $1.6M | $800K | -52.6% |
Housing Supply in 06794, CT
How many homes are available in 06794, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Summary: The 06794 real estate market had 11 homes for sale in October 2024, a 10.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 06794 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06794, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 06794 in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 06794, CT
We’re sorry, we don't have information for this market at the moment
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