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CROMWELL, CT 06416

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The CROMWELL, CT real estate market (06416) currently shows 37 active listings, with 27 pending sales. Homes are averaging 53 days on the market before going under contract.

Inventory has tightened compared to last year, with 15 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 53 days on market compared to 35 days last year.

The median listing price has fallen 38% year-over-year, from $527,450 to $327,000.

Whether you are buying or selling in CROMWELL, 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 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
37
⇩ 28.8% vs 52 last year
Pending
27
73% pending ratio
Median Price
$327,000
⇩ 38% vs $527,450 last year
Average Price
$396,086
⇩ 26.3% vs $537,598 last year
Days on Market
53
⇧ 51.4% vs 35 days last year

Price Per Square Foot

Median $/sqft
$231
⇩ 15.1% vs $272/sqft last year
Median Home Size
1,501 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 37 this year vs 52 last year
  • Days on market: 53 now vs 35 last year

Median & Average Pricing

Year over Year
  • Median: $327,000 (-38% YoY)
  • Average: $396,086 (-26.3% 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 — 418 listings ($197,984,500 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
06416Cromwell, CT 064160.0 mi42$15,947,694$309,250$379,707
06480Portland, CT 064804.0 mi11$5,449,037$463,750$495,367
06481Rockfall, CT 064815.7 mi3$1,129,950$379,000$376,650
06073South Glastonbury, CT 060735.9 mi6$4,540,500$756,750$756,750
06111Newington, CT 061116.2 mi47$15,088,974$300,000$321,042
06455Middlefield, CT 064557.3 mi6$4,537,800$752,400$756,300
06450Meriden, CT 064507.9 mi54$21,902,616$350,000$405,604
06053New Britain, CT 060538.6 mi37$11,408,099$294,950$308,327
06424East Hampton, CT 064249.0 mi55$33,460,680$562,000$608,376
06033Glastonbury, CT 060339.1 mi39$27,469,728$419,950$704,352
06451Meriden, CT 064519.6 mi54$18,951,894$342,450$350,961
06422Durham, CT 0642210.4 mi11$13,336,246$874,450$1,212,386
06489Southington, CT 0648910.8 mi53$24,761,282$407,462$467,194

Frequently Asked Questions

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

As of February 2026, there are 37 active listings in CROMWELL, CT (zip code 06416), compared to 52 the prior year.

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

The median listing price in CROMWELL, CT 06416 is $327,000 as of February 2026, a 38% decrease from $527,450 the prior year.

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

Homes in CROMWELL, CT 06416 spend an average of 53 days on the market before going under contract, compared to 35 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 February 2026, CROMWELL, CT 06416 is currently a Balanced Market. Inventory has tightened compared to last year, with 15 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 53 days on market compared to 35 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 $6,540 compared to a typical 5% commission on the median listing price of $327,000. 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.