#24068584, Gail Latone, Listing Office: William Raveis Real Estate
06854 Housing Market Report January 2025•Fairfield County, Connecticut
Housing Prices in 06854, CT
How much do homes in 06854, CT cost?
Housing Market Conditions
Is 06854, CT a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
06854 is a Seller's Market
Difference Since January 2024
Since last year, 06854 has remained a Seller's Market.
06854 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in 06854 have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in 06854 was $527,166 in January 2025, up 4.6% from last year, and the median price per square foot was $341.
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $277K | $295K | +6.5% |
22 Bedrooms | $393.2K | $395.5K | +0.6% |
33 Bedrooms | $575K | $620K | +7.8% |
44 Bedrooms | $659.5K | $730K | +10.7% |
55+ Bedrooms | $700K | $800K | +14.3% |
Summary: 06854 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +6.5%. The home price for 2 bedroom homes increased by +0.6%. The home price for 3 bedroom homes increased by +7.8%. The home price for 4 bedroom homes increased by +10.7%. The home price for 5 bedroom homes increased by +14.3%.
Housing supply in 06854, CT
How many homes are available in 06854, CT?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
51Last MonthJan 2025 | ||
552 months agoDec 2024 | -7.3 % Change MoMDec – Jan |
Summary: The 06854 real estate market had 51 homes for sale in Jan 2025, a 7.3 % decrease compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
13Last MonthJan 2025 | ||
142 months agoDec 2024 | -7.1 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 8 | 5 | -37.5% |
22 Bedrooms | 10 | 12 | +20.0% |
33 Bedrooms | 16 | 16 | 0.0% |
44 Bedrooms | 10 | 8 | -20.0% |
55+ Bedrooms | 11 | 10 | -9.1% |
Summary: 06854 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -37.5%. The inventory for 2 bedroom homes increased by +20.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -20.0%. The inventory for 5 bedroom homes decreased by -9.1%.
Asking Price vs. Sold Price
How much do homes in 06854, CT cost?
Over Asking Price7 Homes
At Asking Price2 Homes
Under Asking Price4 Homes
If you're buying a home in 06854, you could pay more than the asking price. 53.8% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in 06854 in January 2025, down by 7.1% month-over-month. Of the 13 sold homes, 31% were sold under asking, 15% were sold at asking, and and 54% were sold over asking.
Days on Market for 06854, CT
How long does it take to sell a home in 06854, CT?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days0 Home
Over 90 Days1 Home
Most homes in 06854 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During January 2025, 13 homes were sold in 06854; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
117 DaysThis YearJan 2025 | ||
0 Days1 year agoJan 2024 | 0.0 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 06854 had an average listing age of 117 days in Jan 2025, down by .0% compared to the previous year.
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Newest Listings in 06854, CT
What homes are available in 06854, CT?
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MLS Disclaimers and Copyright
Based on information from SmartMLS, for the period 02/01/2023 - 02/01/2025
![IDX](https://rocket.com/homes/mls-logos/IDX_12.png)
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 1:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.