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CROMWELL, CT 06416

Seller's Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The CROMWELL, CT real estate market (06416) currently shows 41 active listings, with 27 pending sales. Homes are averaging 18 days on the market before going under contract.

Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 18 days on market compared to 45 days last year.

The median listing price has risen 11.7% year-over-year, from $353,650 to $394,950.

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Market Context

Market Context

Population: 14,250  ·  Density: 441.8/mi²  ·  Median household income: $101,424

Typical home value: $288,821  ·  Homeownership: 76.8%

Market Overview

Active Listings
41
⇩ 14.6% vs 48 last year
Pending
27
66% pending ratio
Median Price
$394,950
⇧ 11.7% vs $353,650 last year
Average Price
$418,944
⇧ 1% vs $414,820 last year
Days on Market
18
⇩ 60% vs 45 days last year

Price Per Square Foot

Median $/sqft
$229
⇧ 4.1% vs $220/sqft last year
Median Home Size
1,610 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 41 this year vs 48 last year
  • Days on market: 18 now vs 45 last year

Median & Average Pricing

Year over Year
  • Median: $394,950 (+11.7% YoY)
  • Average: $418,944 (+1% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.8 miles — 392 listings ($190,785,082 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
06416Cromwell, CT 064160.0 mi39$15,447,354$327,000$396,086
06480Portland, CT 064804.0 mi11$5,770,831$514,975$524,621
06481Rockfall, CT 064815.7 mi2$758,000$379,000$379,000
06073South Glastonbury, CT 060735.9 mi8$4,400,432$509,900$550,054
06111Newington, CT 061116.2 mi41$12,806,719$312,400$312,359
06455Middlefield, CT 064557.3 mi5$3,612,000$752,400$722,400
06450Meriden, CT 064507.9 mi55$21,197,880$321,175$385,416
06053New Britain, CT 060538.6 mi30$10,211,640$351,150$340,388
06424East Hampton, CT 064249.0 mi49$31,770,473$599,950$648,377
06033Glastonbury, CT 060339.1 mi33$26,183,058$436,150$793,426
06451Meriden, CT 064519.6 mi52$19,350,032$347,000$372,116
06422Durham, CT 0642210.4 mi11$13,751,023$884,000$1,250,093
06489Southington, CT 0648910.8 mi56$25,525,640$403,700$455,815

Frequently Asked Questions

How many homes are for sale in CROMWELL, CT 06416?

As of September 2026, there are 41 active listings in CROMWELL, CT (zip code 06416), compared to 48 the prior year.

What is the median home price in CROMWELL, CT 06416?

The median listing price in CROMWELL, CT 06416 is $394,950 as of September 2026, a 11.7% increase from $353,650 the prior year.

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

Homes in CROMWELL, CT 06416 spend an average of 18 days on the market before going under contract, compared to 45 days the prior year.

Is it a seller's or buyer's market in CROMWELL, CT 06416?

Based on current inventory and days-on-market data as of September 2026, CROMWELL, CT 06416 is currently a Seller's Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 18 days on market compared to 45 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CROMWELL, CT 06416 save an estimated $7,899 compared to a typical 5% commission on the median listing price of $394,950. 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.