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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Winchester is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Winchester, CT

How much do homes in Winchester, CT cost?

Median Sold Price

$274,000

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$49,000(+21.8%)

Key Takeaway

Homes in Winchester have sold for 21.8% more than they did a year ago.

Summary: The median home sold price in Winchester was $274,000 in October 2024, up 21.8% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $185K$150K
-18.9%
2 $160K$217.5K
+35.9%
3 $240K$329.9K
+37.5%
4 $255K$270K
+5.9%
5+ $215K$294.5K
+37.0%

Summary: Winchester housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.9%, 2 bedroom homes increased by 35.9%, 3 bedroom homes increased by 37.5%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 37%.

Median Sold Price Compared To Nearby Cities

Winsted
+22.2%
Winchester
+21.8%
Torrington
+17.0%
Barkhamsted
+6.4%

Housing Supply in Winchester, CT

How many homes are available in Winchester, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5455+1.9%

Summary: The Winchester real estate market had 55 homes for sale in October 2024, a 1.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1110
-9.1%
3 2318
-21.7%
4 916
+77.8%
5+ 1111
0.0%

Summary: The Winchester 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 9.1%, 3 bedroom homes decreased by 21.7%, 4 bedroom homes increased by 77.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1011+10.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Winchester, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Winchester in October 2024, up by 10.0% month-over-month. Of the 11 sold homes, 45% were sold under asking, 18% were sold at asking, and 36% were sold over asking.

Days on Market for Winchester, 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 Winchester, CT

Nearby Markets to Winchester, CT

What housing markets are near Winchester, CT?