06248 Zip Code Real Estate Market Continues Weakening in Home Prices

In this week's report, the number of homes sold in the 06248 zip code market fell to two over the past 30 days, a decrease of 50.0% from last week's report. Meanwhile, the 06033 zip code reported 62 home sales, the highest number from all the surrounding zip codes. Prices fell lower as this week's reported median sales price of $259,000 continued a four-week downward trend. With prices falling, the availability of 24 months of inventory means that the 06248 zip code is a definite buyer's market.

Get started right now by checking out 06248 homes for sale or reviewing 06248 real estate trends.

Demographic facts for the 06248 zip code:

  • The median age of all homes in the area is 30 years old.
  • This area usually gets 39.7 inches of snow each year. (U.S. average: 25)
  • The job growth rating in this area is 55. (Scale: 1 = Worst, 100 = Best)
  • The average expenditures for each student in the area is $6,940. ($5,691 = national average)

Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
Amy Rio
Snapped 2 homes in this area

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