Is 06804, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06804 is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, 06804 has remained a Seller's Market.

Key Takeaway

06804 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 06804, CT

How much do homes in 06804, CT cost?

Median Sold Price

$540,000

$246/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$40,100(+8.0%)

Key Takeaway

Homes in 06804 have sold for 8% more than they did a year ago.

Summary: The median home sold price in 06804 was $540,000 in September 2024, up 8% from last year, and the median price per square foot was $246.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $196K$255K
+30.1%
2 $350K$388.5K
+11.0%
3 $499.9K$535K
+7.0%
4 $633K$720K
+13.7%
5+ $665K$715K
+7.5%

Summary: 06804 housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.1%, 2 bedroom homes increased by 11%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes increased by 7.5%.

Median Sold Price Compared To Nearby Zip Codes

06470
+13.5%
06752
+10.3%
06812
+8.7%
06804
+8.0%
06811
+4.2%

Housing Supply in 06804, CT

How many homes are available in 06804, CT?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
9085-5.6%

Summary: The 06804 real estate market had 85 homes for sale in September 2024, a 5.6% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 76
-14.3%
2 812
+50.0%
3 3532
-8.6%
4 3529
-17.1%
5+ 56
+20.0%

Summary: The 06804 housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes decreased by 17.1%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1921+10.5%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06804, you may be able to get a good deal. 38.1% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in 06804 in September 2024, up by 10.5% month-over-month. Of the 21 sold homes, 38% were sold under asking, 24% were sold at asking, and 38% were sold over asking.

Days on Market for 06804, 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 29 Days Ago

Newest Listings in 06804, CT

Nearby Markets to 06804, CT