Is Southbury, CT 06488 a buyer’s or seller’s market?
Southbury is a seller’s market. With about 3 months of supply and 31% 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 60% of U.S. ZIP codes, and #191 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 Southbury housing market right now
In the three months ending August 31, 2026, 31% of homes in Southbury, CT 06488 sold above their list price, the typical home went under contract in 55 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 131 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (30% then), homes sold more slowly (53 days then) and the median sale price rose 9% to $414,821. Overall, Southbury is about as competitive as it was a year ago.
Within New Haven County, homes here sell more slowly than in 92% of the county’s ZIP codes, and sell less often over asking than in 95%. On our competition score, Southbury ranks #191 of 197 CT ZIP codes with enough sales (score 58 out of 100).
Nearby, buyers who want less competition could look at New Haven 06510 (0% sold over asking), while Northford 06472 (87% sold over asking) and North Haven 06473 (69% sold over asking) are even more competitive.
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Nearby markets
Ansonia 06401Seller’s market $236 /sq ftBeacon Falls 06403Seller’s market $279 /sq ftBethany 06524Seller’s market $257 /sq ftBranford 06405Seller’s market $286 /sq ft Browse all markets →Towns like Southbury nearby
Find towns like Southbury in other states →Where Southbury is
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Questions about Southbury real estate
Is Southbury a buyer’s or seller’s market?
A seller’s market: there were 3 months of supply in Southbury, CT 06488 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 Southbury?
The typical home went under contract in 55 days in the latest three months.
Do homes in Southbury sell over asking?
31% of homes sold above their original list price, and the typical sale closed at 99.9% of the list price.
What is the median home price in Southbury?
The median sale price was $414,821 in the three months ending August 31, 2026, about $244 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