The 06488 housing market is somewhat competitive. The median sale price of a home in 06488 was $360K last month, up 1.4% since last year. The median sale price per square foot in 06488 is $242, up 12.6% since last year.
In October 2024, 06488 home prices were up 1.4% compared to last year, selling for a median price of $360K. On average, homes in 06488 sell after 59 days on the market compared to 50 days last year. There were 104 homes sold in October this year, down from 121 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$360,000
+1.4% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
06488, CT
$360,000
+1.4%
United States
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How hot is the 06488 housing market?
06488 is somewhat competitive. Homes sell in 56 days.
0
100
56
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% below list price and go pending in around 56 days.
Hot homes
can sell for about 2% above list price and go pending in around 36 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.
Flood Factor - Major
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
06488 has a major risk of flooding. 858 properties in 06488 are likely to be
severely affected
by flooding over the next 30 years. This represents 12% 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 6,877 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. 8,501 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.