$9,203 Closing Credit*
$775,000
1,829 SqFt
3 Beds
•2 Full Baths
Jaq Bush, Listing Office: Higgins Group Real Estate
Is 06824, 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, 06824 has remained a Seller's Market.
Key Takeaway
06824 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06824, CT
How much do homes in 06824, CT cost?
Median Sold Price
$1,000,000
$431/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$65,625(+7.0%)
Key Takeaway
Homes in 06824 have sold for 7% more than they did a year ago.
Summary: The median home sold price in 06824 was $1,000,000 in October 2024, up 7% from last year, and the median price per square foot was $431.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $362.5K | $425K | +17.2% |
| 2 Bedrooms | $530.2K | $552K | +4.1% |
| 3 Bedrooms | $725K | $765K | +5.5% |
| 4 Bedrooms | $1.1M | $1.3M | +13.4% |
| 5+ Bedrooms | $1.7M | $1.7M | -1.8% |
Summary: 06824 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.2%, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes decreased by 1.8%.
Housing Supply in 06824, CT
How many homes are available in 06824, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 136 | 140 | +2.9% |
Summary: The 06824 real estate market had 140 homes for sale in October 2024, a 2.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 7 | 10 | +42.9% |
| 3 Bedrooms | 43 | 42 | -2.3% |
| 4 Bedrooms | 52 | 52 | 0.0% |
| 5+ Bedrooms | 32 | 34 | +6.3% |
Summary: The 06824 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 increased by 42.9%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 6.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 30 | +7.1% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06824, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in 06824 in October 2024, up by 7.1% month-over-month. Of the 30 sold homes, 47% were sold under asking, 10% were sold at asking, and 43% were sold over asking.
Days on Market for 06824, CT
We’re sorry, we don't have information for this market at the moment
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