The story of this market
The typical home in ZIP 06412 sells for about $515,000, or $267 per square foot.
Prices are down 24.62% from a year ago, which gives buyers more room to negotiate. Homes take about 34 days to sell. HUD's fair market rent for a two-bedroom is $1,549 a month.
ZIP 06412 — Chester
The housing market in 06412 is currently experiencing a significant year-over-year decline in median sold prices and price per square foot. With limited active inventory and varying sale-to-list ratios, the market shows signs of cooling. Several data points, including specific tax and demographic breakdowns, are not determinable at the ZIP level.
Median prices moved down 24.6% year over year.
Homes spend a median of 34 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.8% · poverty 11.8% — a stable, low-distress profile.
Built from 66 recorded sales in the last 24 months against HUD 3-bedroom fair market rents. The location premium is the part of the price that rent, income, education, employment, vacancy, price trend, hazard, lending and flood risk don't explain. It usually reflects amenities, schools and scarcity. It's area context and does not change this ZIP's home value estimates.
ZCTA 06412, Chester CT
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Connecticut) — Municipal Real Property Tax Assessment & Mill Rate Mechanics: Under C.G.S. § 12-62a, all taxable real property is assessed uniformly at a mandatory 70% assessment ratio of its fair market value (FMV). Real property tax is computed annually using the formula: Assessed Value = Fair Market Value × 0.
not determinable
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).