06416 Home Values & Market Trends
There are 7 homes currently listed for 06416. 06416 real estate market trends show that home prices range from $140,000 to $399,900, and the median sales price in the 06416 zip code is $324,629.07. The total number of properties sold within the past twelve months is 206. In 06416, 4 properties are in foreclosure, 2 are bank owned properties,and 2 are headed for auction.
06416 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Cromwell | $ 220,000 $ 177/sqft |
Housing Market Summary for 06416
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $399.9K | $273.1K | -31.72% |
| Median Sold Price | $228.8K | $273.1K | 19.37% |
| Homes For Sale | 7 | 8 | 14.29% |
| Homes Sold | 88 | 89 | 1.14% |
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 06416
Browse Homes in 06416
The median list price of a home in Cromwell, is $324,629.07. A total of 7 properties are for sale, and the percentage of properties for sale in the zip code is 7.00%. The total count of 06416 properties is 5,359.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 06416 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 06416; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 06416 ranges from the highest value of $305,250 in cromwell to the lowest value of $154,750 in cromwell. Bank owned homes and properties account for 0.04% of properties in 06416. There is 1 cities within 06416; cromwell containing 2 REO properties, has the highest number of bank owned properties in a single city.
- Auctionscromwell has 2 auction properties, the highest number of properties going to auction in a single city in the state of 06416. Auction homes and other auction properties account for 0.04% of all properties in 06416. There is 1 cities within 06416; of that cities, the median estimated home value for homes going to auction ranges from $610,500 in cromwell to the lowest value of $234,500 in cromwell.
Compare Nearby Zip Codes
More Real Estate Resources for 06416
Guide for 06416
This blog post provides a detailed analysis of Hartford, Connecticut’s real estate market as of March 2024.
Are you considering purchasing a foreclosure for your first home? Let’s look potential pitfalls, and essential tips to make an informed decision.
Learn how a short sale can stop the foreclosure process.
A comprehensive look at the current real estate trends in Las Vegas and surrounding areas, highlighting the fluctuation in property prices, inventory and sales.