The 06488 housing market is somewhat competitive. The median sale price of a home in 06488 was $388K last month, up 19.2% since last year. The median sale price per square foot in 06488 is $230, up 2.7% since last year.
In March 2024, 06488 home prices were up 19.2% compared to last year, selling for a median price of $388K. On average, homes in 06488 sell after 64 days on the market compared to 43 days last year. There were 74 homes sold in March this year, down from 77 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$387,500
+19.2% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
06488, CT
$387,500
+19.2%
United States
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How hot is the 06488 housing market?
06488 is somewhat competitive. Homes sell in 46 days.
0
100
69
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 1% above list price and go pending in around 46 days.
Hot homes
can sell for about 4% above list price and go pending in around 27 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 06488 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 06488.
Risk Factor
Flood Factor - Major
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
06488 has a major risk of flooding. 851 properties in 06488 are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in 06488. Flood risk is increasing slower than the national average.
80% of properties are at risk of wildfire over the next 30 years
Fire Factor
06488 has a moderate risk of wildfire. There are 5,624 properties in 06488 that have some risk of being affected by wildfire over the next 30 years. This represents 80% of all properties in 06488.
99% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
06488 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 06488 is most at risk from hurricanes. 6,911 properties in 06488 have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 77 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 90 mph.