06488 Home Values & Market Trends

There are 27 homes currently listed for 06488. 06488 real estate market trends show that home prices range from $92,500 to $825,000, and the median sales price in the 06488 zip code is $410,502.9. The total number of properties sold within the past twelve months is 433. In 06488, 3 properties are in foreclosure, 1 are bank owned properties,and 1 are headed for auction.

06488 Real Estate Market Overview

CityMedian Est. Value
Southbury

$ 359,250

$ 214/sqft

Housing Market Summary for 06488

Apr 2023March 2024Change
Median Listing Price$384.4K$350.3K-8.90%
Median Sold Price$295K$350.3K18.73%
Homes For Sale222513.64%
Homes Sold1451578.28%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 06488

The median list price of a home in Southbury, is $410,502.9. A total of 27 properties are for sale, and the percentage of properties for sale in the zip code is 27.00%. The total count of 06488 properties is 8,107.

Foreclosure
There is 1 cities within 06488; within this cities, the median estimated home value for homes in foreclosure ranges from $529,000 in southbury to the lowest value of $233,700 in southbury. Foreclosure homes account for 0.00% of properties in 06488 with southbury containing 3 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.01% of all residential properties in 06488 with southbury containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 06488; of that cities, the estimated home value for pre-foreclosure homes ranges from $233,700 in southbury to the lowest home value of $233,700 in southbury.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 06488 ranges from the highest value of $443,250 in southbury to the lowest value of $443,250 in southbury. Bank owned homes and properties account for 0.01% of properties in 06488. There is 1 cities within 06488; southbury containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    southbury has 1 auction properties, the highest number of properties going to auction in a single city in the state of 06488. Auction homes and other auction properties account for 0.01% of all properties in 06488. There is 1 cities within 06488; of that cities, the median estimated home value for homes going to auction ranges from $529,000 in southbury to the lowest value of $529,000 in southbury.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.33% of residential properties in 06488 with southbury containing 27 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 06488; homes for sale in that cities, have a range of median values from $825,000 in southbury to the lowest value of $194,500 in southbury.
    Sold Homes
    The median value for recently sold homes ranges from $1,372,672 in southbury to the lowest price of $68,357 in southbury. There is 1 cities within 06488. southbury has 158 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.95% of properties in 06488.

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      Guide for 06488

      Market Reports
      Hartford, New York – Real Estate Market Snapshot, April 2024
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      Market Reports
      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      See More Articles
      Hartford, New York – Real Estate Market Snapshot, April 2024
      Market Reports|posted 3 April 2024

      This blog post provides a detailed analysis of Hartford, Connecticut’s real estate market as of March 2024.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Market Reports|posted 24 April 2024

      The Augusta, Maine real estate market has seen considerable growth in property values and price per square foot, despite a decrease in sales. Comparisons with neighboring cities suggest diverse market conditions.