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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Winsted is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Winsted was a Seller's Market.

Key Takeaway

Winsted is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Winsted, CT

How much do homes in Winsted, CT cost?

Median Sold Price

$275,500

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$46,000(+20.0%)

Key Takeaway

Homes in Winsted have sold for 20% more than they did a year ago.

Summary: The median home sold price in Winsted was $275,500 in November 2024, up 20% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $190K$150K
-21.1%
2 $170K$220K
+29.4%
3 $236.5K$330K
+39.5%
4 $250K$275K
+10.0%
5+ $240K$309K
+28.7%

Summary: Winsted housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.1%, 2 bedroom homes increased by 29.4%, 3 bedroom homes increased by 39.5%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 28.7%.

Median Sold Price Compared To Nearby Cities

Winsted
+20.0%
Winchester
+19.6%

Housing Supply in Winsted, CT

How many homes are available in Winsted, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6059-1.7%

Summary: The Winsted real estate market had 59 homes for sale in November 2024, a 1.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1210
-16.7%
3 1819
+5.6%
4 1917
-10.5%
5+ 1113
+18.2%

Summary: The Winsted 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 16.7%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes increased by 18.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
149-35.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Winsted, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Winsted in November 2024, down by 35.7% month-over-month. Of the 9 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% were sold over asking.

Days on Market for Winsted, 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 17 Days Ago

Newest Listings in Winsted, CT

Nearby Markets to Winsted, CT

What housing markets are near Winsted, CT?