Is Lakeville, CT 06039 a buyer’s or seller’s market?
Lakeville is a seller’s market. With about 2.6 months of supply and 45% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Lakeville housing market right now
In the three months ending August 31, 2026, 45% of homes in Lakeville, CT 06039 sold above their list price, the typical home went under contract in 43 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 11 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 29%, homes sold faster (137 days then) and the median sale price rose 31% to $849,632. Overall, Lakeville is more competitive than a year ago, so tougher for buyers.
Within Litchfield County, homes here sell faster than in 83% of the county’s ZIP codes, and sell more often over asking than in 57%.
Nearby, buyers who want less competition could look at Cornwall Bridge 06754 (0% sold over asking) or East Canaan 06024 (0% sold over asking), while Northfield 06778 (100% sold over asking) and Oakville 06779 (78% sold over asking) are even more competitive.
Run the numbers for 06039
Nearby markets
Bantam 06750Buyer’s market $320 /sq ftBarkhamsted 06063Seller’s market $231 /sq ftBethlehem 06751Seller’s market $249 /sq ftBridgewater 06752Seller’s market $335 /sq ft Browse all markets →Towns like Lakeville nearby
Find towns like Lakeville in other states →Where Lakeville is
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Questions about Lakeville real estate
Is Lakeville a buyer’s or seller’s market?
A seller’s market: there were 2.6 months of supply in Lakeville, CT 06039 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Lakeville?
The typical home went under contract in 43 days in the latest three months.
Do homes in Lakeville sell over asking?
45% of homes sold above their original list price, and the typical sale closed at 100.9% of the list price.
What is the median home price in Lakeville?
The median sale price was $849,632 in the three months ending August 31, 2026, about $433 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology