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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Windham is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Windham, CT

How much do homes in Windham, CT cost?

Median Sold Price

$251,000

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$21,000(+9.1%)

Key Takeaway

Homes in Windham have sold for 9.1% more than they did a year ago.

Summary: The median home sold price in Windham was $251,000 in November 2024, up 9.1% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $135K$165K
+22.2%
3 $250K$256K
+2.4%
4 $272.5K$275K
+0.9%
5+ $240K$331K
+37.9%

Summary: Windham housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 37.9%.

Median Sold Price Compared To Nearby Cities

North Windham
+23.7%
Willimantic
+10.7%
Windham
+9.1%
Mansfield Center
+2.5%

Housing Supply in Windham, CT

How many homes are available in Windham, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
48480.0%

Summary: The Windham real estate market had 48 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 75
-28.6%
3 2328
+21.7%
4 99
0.0%
5+ 96
-33.3%

Summary: The Windham housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 28.6%, 3 bedroom homes increased by 21.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1415+7.1%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Windham, you could pay more than the asking price. 53.3% of homes here sold above asking price last month.

Summary: A total of 15 homes were sold or pending in Windham in November 2024, up by 7.1% month-over-month. Of the 15 sold homes, 33% were sold under asking, 13% were sold at asking, and 53% were sold over asking.

Days on Market for Windham, 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 21 Days Ago

Newest Listings in Windham, CT

Nearby Markets to Windham, CT

What housing markets are near Windham, CT?