Is Windham County, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Windham County has remained a Seller's Market.
Key Takeaway
Windham County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Windham County, CT
How much do homes in Windham County, CT cost?
Median Sold Price
$320,000
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Windham County have sold for 10.7% more than they did a year ago.
Summary: The median home sold price in Windham County was $320,000 in May 2024, up 10.7% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | $225K | +50.0% |
| 2 Bedrooms | $240.6K | $269.9K | +12.2% |
| 3 Bedrooms | $300.2K | $330K | +9.9% |
| 4 Bedrooms | $331K | $351.9K | +6.3% |
| 5+ Bedrooms | $276K | $310K | +12.3% |
Summary: Windham County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 12.3%.
Median Sold Price Compared To Nearby Counties
| Windham County | $289.1K | $320K | +10.7% |
| Tolland County | $309.9K | $342.7K | +10.6% |
| New London County | $303.5K | $335K | +10.4% |
| Providence County | $380.6K | $420K | +10.4% |
| Kent County | $358.4K | $393.5K | +9.8% |
Housing Supply in Windham County, CT
How many homes are available in Windham County, CT?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 378 | 375 | -0.8% |
Summary: The Windham County real estate market had 375 homes for sale in May 2024, a 0.8% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 9 | +28.6% |
| 2 Bedrooms | 72 | 58 | -19.4% |
| 3 Bedrooms | 185 | 191 | +3.2% |
| 4 Bedrooms | 60 | 64 | +6.7% |
| 5+ Bedrooms | 54 | 53 | -1.9% |
Summary: The Windham County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes decreased by 19.4%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 1.9%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 93 | 105 | +12.9% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
65 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Windham County, you could pay more than the asking price. 61.9% of homes here sold above asking price last month.
Summary: A total of 105 homes were sold or pending in Windham County in May 2024, up by 12.9% month-over-month. Of the 105 sold homes, 23% were sold under asking, 15% were sold at asking, and 62% were sold over asking.
Days on Market for Windham County, CT
How long does it take to sell a home in Windham County, CT?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Windham County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 105 homes were sold in Windham County; 1% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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