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WATERFORD, CT 06385

Real Estate Market Report  ·  Southeastern Connecticut Planning Region County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
38
⇧ 11.8% vs 34 last year
Pending
18
47% pending ratio
Median Price
$517,450
⇧ 1.6% vs $509,500 last year
Average Price
$649,479
⇧ 17.9% vs $551,099 last year
Days on Market
69
⇧ 32.7% vs 52 days last year

Market Context

Population: 15,886  ·  Density: 246.9/mi²  ·  Median household income: $101,994

Typical home value: $299,004  ·  Homeownership: 78.8%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The WATERFORD, CT real estate market (06385) currently shows 38 active listings, with 18 pending sales. Homes are averaging 69 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 69 days on market compared to 52 days last year.

The median listing price has risen 1.6% year-over-year, from $509,500 to $517,450.

Whether you are buying or selling in WATERFORD, CT, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 38 this year vs 34 last year
  • Days on market: 69 now vs 52 last year

Median & Average Pricing

Year over Year
  • Median: $517,450 (+1.6% YoY)
  • Average: $649,479 (+17.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 15.4 miles — 190 listings ($231,066,700 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
06385Waterford, CT 063850.0 mi38$24,680,202$517,450$649,479
06375Quaker Hill, CT 063753.7 mi3$1,136,850$378,950$378,950
06333East Lyme, CT 063335.0 mi25$22,416,450$816,500$896,658
06353Montville, CT 063536.9 mi1$240,000$240,000$240,000
06382Uncasville, CT 063827.5 mi19$7,338,750$369,900$386,250
06371Old Lyme, CT 063718.8 mi34$56,340,550$1,275,000$1,657,075
06339Ledyard, CT 0633910.1 mi19$8,397,677$459,000$441,983
06390Fishers Island, NY 0639010.6 mi1$6,500,000$6,500,000$6,500,000
06426Essex, CT 0642612.6 mi15$19,123,170$1,250,000$1,274,878
06334Bozrah, CT 0633413.0 mi2$810,000$405,000$405,000
06365Preston, CT 0636514.0 mi11$15,363,337$374,500$1,396,667
06442Ivoryton, CT 0644215.0 mi6$3,236,850$522,000$539,475
11957Orient, NY 1195715.4 mi16$65,482,864$2,699,000$4,092,679

Frequently Asked Questions

How many homes are for sale in WATERFORD, CT 06385?

As of January 2026, there are 38 active listings in WATERFORD, CT (zip code 06385), compared to 34 the prior year.

What is the median home price in WATERFORD, CT 06385?

The median listing price in WATERFORD, CT 06385 is $517,450 as of January 2026, a 1.6% increase from $509,500 the prior year.

How long do homes stay on the market in WATERFORD, CT?

Homes in WATERFORD, CT 06385 spend an average of 69 days on the market before going under contract, compared to 52 days the prior year.

Is it a seller's or buyer's market in WATERFORD, CT 06385?

Based on current inventory and days-on-market data as of January 2026, WATERFORD, CT 06385 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 69 days on market compared to 52 days last year.

How much can I save on real estate commission in WATERFORD, CT?

With SELL123.com's maximum 3% commission, sellers in WATERFORD, CT 06385 save an estimated $10,349 compared to a typical 5% commission on the median listing price of $517,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.