Is 06795, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06795 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 06795 was a Seller's Market.

Key Takeaway

06795 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 06795, CT

How much do homes in 06795, CT cost?

Median Sold Price

$370,000

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,000(+4.2%)

Key Takeaway

Homes in 06795 have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in 06795 was $370,000 in November 2024, up 4.2% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $155K$157.9K
+1.9%
2 $265.7K$307.5K
+15.7%
3 $350K$362.5K
+3.6%
4 $457.5K$485K
+6.0%
5+ $483K$572.5K
+18.5%

Summary: 06795 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.9%, 2 bedroom homes increased by 15.7%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 18.5%.

Median Sold Price Compared To Nearby Zip Codes

06779
+13.7%
06708
+10.9%
06704
+7.9%
06795
+4.2%
06787
-1.8%

Housing Supply in 06795, CT

How many homes are available in 06795, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4948-2.0%

Summary: The 06795 real estate market had 48 homes for sale in November 2024, a 2.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 2520
-20.0%
4 1518
+20.0%
5+ 66
0.0%

Summary: The 06795 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 33.3%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
108-20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06795, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 06795 in November 2024, down by 20.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 38% were sold at asking, and 25% were sold over asking.

Days on Market for 06795, 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 06795, CT

Nearby Markets to 06795, CT