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 October 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

$250,000

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$23,500(+10.4%)

Key Takeaway

Homes in Windham have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in Windham was $250,000 in October 2024, up 10.4% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $135K$136.7K
+1.3%
3 $247.5K$250.5K
+1.2%
4 $275K$275K
0.0%
5+ $247K$330.5K
+33.8%

Summary: Windham 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 1.3%, 3 bedroom homes increased by 1.2%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 33.8%.

Median Sold Price Compared To Nearby Cities

Windham
+10.4%
Willimantic
+10.4%
Mansfield Center
+2.5%

Housing Supply in Windham, CT

How many homes are available in Windham, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5043-14.0%

Summary: The Windham real estate market had 43 homes for sale in October 2024, a 14.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 97
-22.2%
3 2120
-4.8%
4 89
+12.5%
5+ 127
-41.7%

Summary: The Windham 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 22.2%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 41.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12120.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 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. 66.7% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in Windham in October 2024, the same as the previous month. Of the 12 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% 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 20 Days Ago

Newest Listings in Windham, CT

Nearby Markets to Windham, CT

What housing markets are near Windham, CT?