Colchester, CT Home Values & Market Trends
Real estate market trends reflect that there have been 198 transactions over the past year in Colchester. The median value for residential home transactions that occurred over the previous year is $375,452.51. The number of current listings in Colchester is 10, and the percentage of properties for sale in the city is 10.00%. Colchester, CT currently has 5 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 10 properties for sale.
Colchester, CT Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 06415 | $ 402,250 $ 196/sqft |
Housing Market Summary for Colchester, CT
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $319.9K | $403K | 25.97% |
| Median Sold Price | $347.6K | $403K | 15.92% |
| Homes For Sale | 11 | 8 | -27.27% |
| Homes Sold | 74 | 84 | 13.51% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Colchester, CT
Browse Homes in Colchester, CT
Colchester home values range from $98,901 to $930,800. The median estimated value of a home in Colchester is $375,452.51. The median list price of a home is 384,900, and the total count of properties in the city is 5,630.
- Pre-ForeclosurePre-foreclosure homes account for 0.05% of all residential properties in Colchester, CT with 06415 containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Colchester, CT; of that zips, the estimated home value for pre-foreclosure homes ranges from $382,500 in 06415 to the lowest home value of $187,700 in 06415.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Colchester, CT ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Colchester, CT. There is 1 zips within Colchester, CT; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions06415 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Colchester, CT. Auction homes and other auction properties account for 0.04% of all properties in Colchester, CT. There is 1 zips within Colchester, CT; of that zips, the median estimated home value for homes going to auction ranges from $499,900 in 06415 to the lowest value of $445,750 in 06415.
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