06320 Home Values & Market Trends

There are 21 homes currently listed for 06320. 06320 real estate market trends show that home prices range from $104,900 to $500,000, and the median sales price in the 06320 zip code is $274,842.22. The total number of properties sold within the past twelve months is 279. In 06320, 14 properties are in foreclosure, 3 are bank owned properties,and 3 are headed for auction.

Housing Market Summary for 06320

Apr 2023March 2024Change
Median Listing Price$229.9K$252.9K9.99%
Median Sold Price$215K$252.9K17.61%
Homes For Sale2119-9.52%
Homes Sold130104-20.00%
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 06320

The median list price of a home in New London, is $274,842.22. A total of 21 properties are for sale, and the percentage of properties for sale in the zip code is 21.00%. The total count of 06320 properties is 5,477.

Foreclosure
There is 1 cities within 06320; within this cities, the median estimated home value for homes in foreclosure ranges from $335,700 in new london to the lowest value of $113,100 in new london. Foreclosure homes account for 0.00% of properties in 06320 with new london containing 14 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.15% of all residential properties in 06320 with new london containing 8 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 06320; of that cities, the estimated home value for pre-foreclosure homes ranges from $302,000 in new london to the lowest home value of $113,100 in new london.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 06320 ranges from the highest value of $285,000 in new london to the lowest value of $255,250 in new london. Bank owned homes and properties account for 0.05% of properties in 06320. There is 1 cities within 06320; new london containing 3 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    new london has 3 auction properties, the highest number of properties going to auction in a single city in the state of 06320. Auction homes and other auction properties account for 0.05% of all properties in 06320. There is 1 cities within 06320; of that cities, the median estimated home value for homes going to auction ranges from $335,700 in new london to the lowest value of $210,000 in new london.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.38% of residential properties in 06320 with new london containing 21 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 06320; homes for sale in that cities, have a range of median values from $509,900 in new london to the lowest value of $93,967 in new london.
    Sold Homes
    The median value for recently sold homes ranges from $530,200 in new london to the lowest price of $31,363 in new london. There is 1 cities within 06320. new london has 105 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.92% of properties in 06320.

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      Guide for 06320

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      Home Buying Financing
      How To Make Adjustments to Your Household Budget When Interest Rates Are High
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      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
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      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
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      Sometime we need to make changes to our budget to cope with higher interest rates. Here are some tips!

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      Recently Listed Homes 06320

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