06488 Home Values & Market Trends

There are 348 homes currently listed for 06488. 06488 real estate market trends show that home prices range from $92,500 to $1,625,000, and the median sales price in the 06488 zip code is $489,900. The total number of properties sold within the past twelve months is 346. In 06488, 1 properties are in foreclosure, 1 are bank owned properties,and 0 are headed for auction.

06488 Real Estate Market Overview

CityMedian Est. Value
Southbury

$ 489,900

$ 262/sqft

Housing Market Summary for 06488

Sep 2025September 2026Change
Median Listing Price$447K$499.4K11.73%
Median Sold Price$363.3K$299.7K-17.49%
Homes For Sale351345-1.71%
Homes Sold11383-26.55%
Price
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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 $489,900. A total of 348 properties are for sale, and the percentage of properties for sale in the zip code is 348.00%. The total count of 06488 properties is 435.

Foreclosure
There is 1 cities within 06488; within this cities, the median estimated home value for homes in foreclosure ranges from $782,971 in southbury to the lowest value of $782,971 in southbury. Foreclosure homes account for 0.00% of properties in 06488 with southbury containing 1 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 06488 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 06488; 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 Owned
    The median estimated home value of bank owned homes (REO properties) in 06488 ranges from the highest value of $782,971 in southbury to the lowest value of $782,971 in southbury. Bank owned homes and properties account for 0.23% 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
    N/A has 0 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% 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 $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 80.00% of residential properties in 06488 with southbury containing 348 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 $2,094,855 in southbury to the lowest value of $135,000 in southbury.
    Sold Homes
    The median value for recently sold homes ranges from $862,784 in southbury to the lowest price of $95,765 in southbury. There is 1 cities within 06488. southbury has 85 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 19.54% of properties in 06488.

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      Guide for 06488

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.