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Featured local agent — Lake Bungee, CT
Sarah Mitchell
Compass Real Estate · Lake Bungee, CT
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lake Bungee, CT Housing Market & Real Estate
Housing market overview · Updated monthly ·
$415,000median sale price
How is the Lake Bungee, CT housing market right now?
The median home sale price in Lake Bungee, CT is $415,000. Homes sell in an average of 198 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of February 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lake Bungee a buyer's or seller's market?
Lake Bungee, CT is currently a balanced market and homes selling in about 198 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
198
Average pace
Active listings
—
Sale-to-list
101.7%
Above asking
What does the Lake Bungee housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $415,000 |
| Average days on market | 198 days |
| Sale-to-list price ratio | 101.7% |
| Median price per sq ft | $269/sq ft |
| Homes sold (latest month) | 5 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Lake Bungee by property type?
How the Lake Bungee, CT market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $415,000 | $269/sq ft | 5 | 198 days |
Source: Redfin · Updated monthly
The Lake Bungee housing market is currently classified as a balanced market with a median sale price of $415,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 198 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Lake Bungee
Explore homes currently listed for sale in Lake Bungee, Connecticut across major real estate platforms.
Who lives in Lake Bungee?
Population
566
Median income
$83,936/yr
Median age
39.8 years
Owner-occupied
76.0%
College grads
21.4%
Avg commute
42.2 min
Source: U.S. Census Bureau ACS
What is it like to live in Lake Bungee?
Lake Bungee is a community of approximately 1K residents with a median age of 39.8 years.The median household income is $83,936, which reflects a relatively affluent area with strong earning potential. 21.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 76.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 42.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Lake Bungee offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Lake Bungee, CT?
Want a head-to-head view? Compare Lake Bungee side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lake Bungee?
The median home sale price in Lake Bungee is $415,000, down 0.0% from last year.
How long do homes stay on market in Lake Bungee?
Homes typically spend 198 days on market before going under contract.
What is the median income in Lake Bungee?
The median household income is $83,936 per year.
How much does a single-family home cost in Lake Bungee?
The median single-family home price in Lake Bungee, CT is $415,000 (about $269 per square foot).
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