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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Winsted is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Winsted, CT

How much do homes in Winsted, CT cost?

Median Sold Price

$275,000

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$50,000(+22.2%)

Key Takeaway

Homes in Winsted have sold for 22.2% more than they did a year ago.

Summary: The median home sold price in Winsted was $275,000 in October 2024, up 22.2% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $195K$150K
-23.1%
2 $162.2K$220K
+35.6%
3 $238.7K$329.9K
+38.2%
4 $265K$271.5K
+2.5%
5+ $227.5K$294.5K
+29.5%

Summary: Winsted housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.1%, 2 bedroom homes increased by 35.6%, 3 bedroom homes increased by 38.2%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 29.5%.

Median Sold Price Compared To Nearby Cities

Winsted
+22.2%
Winchester
+21.8%

Housing Supply in Winsted, CT

How many homes are available in Winsted, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6365+3.2%

Summary: The Winsted real estate market had 65 homes for sale in October 2024, a 3.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1312
-7.7%
3 2520
-20.0%
4 1421
+50.0%
5+ 1112
+9.1%

Summary: The Winsted 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 7.7%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1014+40.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

5 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. 35.7% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Winsted in October 2024, up by 40.0% month-over-month. Of the 14 sold homes, 36% were sold under asking, 29% were sold at asking, and 36% 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 16 Days Ago

Newest Listings in Winsted, CT

Nearby Markets to Winsted, CT

What housing markets are near Winsted, CT?