Is Old Saybrook, CT 06475 a buyer’s or seller’s market?
Old Saybrook is a seller’s market. With about 2.6 months of supply and 40% 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.
More competitive than 67% of U.S. ZIP codes, and #183 of 197 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Old Saybrook housing market right now
In the three months ending August 31, 2026, 40% of homes in Old Saybrook, CT 06475 sold above their list price, the typical home went under contract in 60 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 54 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 33%, homes sold more slowly (43 days then) and the median sale price fell 7% to $694,200. Overall, Old Saybrook is about as competitive as it was a year ago.
Within Middlesex County, homes here sell more slowly than in 95% of the county’s ZIP codes, and sell less often over asking than in 85%. On our competition score, Old Saybrook ranks #183 of 197 CT ZIP codes with enough sales (score 64 out of 100).
Nearby, buyers who want less competition could look at East Haddam 06423 (29% sold over asking) or Moodus 06469 (31% sold over asking), while Centerbrook 06409 (100% sold over asking) and Middle Haddam 06456 (100% sold over asking) are even more competitive.
Run the numbers for 06475
Nearby markets
Centerbrook 06409Buyer’s market $567 /sq ftChester 06412Seller’s market $260 /sq ftClinton 06413Seller’s market $315 /sq ftCobalt 06414 — /sq ft Browse all markets →Towns like Old Saybrook nearby
Find towns like Old Saybrook in other states →Where Old Saybrook is
Loading map…
Questions about Old Saybrook real estate
Is Old Saybrook a buyer’s or seller’s market?
A seller’s market: there were 2.6 months of supply in Old Saybrook, CT 06475 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 Old Saybrook?
The typical home went under contract in 60 days in the latest three months.
Do homes in Old Saybrook sell over asking?
40% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What is the median home price in Old Saybrook?
The median sale price was $694,200 in the three months ending August 31, 2026, about $434 per square foot.
Local agents
See all agents in 06475 →No sponsored agents in 06475 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 06475
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology