Is Willington, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Willington is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Willington, CT

How much do homes in Willington, CT cost?

Median Sold Price

$357,500

$197/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$48,500(+15.7%)

Key Takeaway

Homes in Willington have sold for 15.7% more than they did a year ago.

Summary: The median home sold price in Willington was $357,500 in October 2024, up 15.7% from last year, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $225K$302.5K
+34.4%
3 $310.7K$360.5K
+16.0%
4 $505K$499.9K
-1.0%
5+ $396K$615K
+55.3%

Summary: Willington housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 34.4%, 3 bedroom homes increased by 16%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes increased by 55.3%.

Median Sold Price Compared To Nearby Cities

Tolland
+20.0%
Willington
+15.7%
Stafford
+1.4%
Stafford Springs
+0.6%
Ashford
-2.9%

Housing Supply in Willington, CT

How many homes are available in Willington, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2117-19.0%

Summary: The Willington real estate market had 17 homes for sale in October 2024, a 19.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 53
-40.0%
3 85
-37.5%
4 45
+25.0%
5+ 44
0.0%

Summary: The Willington housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
68+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Willington, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in Willington in October 2024, up by 33.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 0% were sold at asking, and 63% were sold over asking.

Days on Market for Willington, 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 20 Days Ago

Newest Listings in Willington, CT

Nearby Markets to Willington, CT

What housing markets are near Willington, CT?