Is South Windsor, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South Windsor is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, South Windsor has remained a Seller's Market.

Key Takeaway

South Windsor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in South Windsor, CT

How much do homes in South Windsor, CT cost?

Median Sold Price

$404,500

$226/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$47,500(+13.3%)

Key Takeaway

Homes in South Windsor have sold for 13.3% more than they did a year ago.

Summary: The median home sold price in South Windsor was $404,500 in October 2024, up 13.3% from last year, and the median price per square foot was $226.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $151.1K$178K
+17.7%
2 $275K$307.5K
+11.8%
3 $360K$406K
+12.8%
4 $502K$515K
+2.6%
5+ $490.7K$650K
+32.4%

Summary: South Windsor housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.7%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 32.4%.

Median Sold Price Compared To Nearby Cities

South Windsor
+13.3%
Manchester
+12.7%
East Hartford
+12.0%
East Windsor
+6.4%
Broad Brook
+3.6%

Housing Supply in South Windsor, CT

How many homes are available in South Windsor, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
96960.0%

Summary: The South Windsor real estate market had 96 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 76
-14.3%
2 2126
+23.8%
3 3832
-15.8%
4 2021
+5.0%
5+ 1011
+10.0%

Summary: The South Windsor housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 23.8%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3025-16.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South Windsor, you could pay more than the asking price. 76% of homes here sold above asking price last month.

Summary: A total of 25 homes were sold or pending in South Windsor in October 2024, down by 16.7% month-over-month. Of the 25 sold homes, 12% were sold under asking, 12% were sold at asking, and 76% were sold over asking.

Days on Market for South Windsor, CT

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in South Windsor, CT

Nearby Markets to South Windsor, CT

What housing markets are near South Windsor, CT?