Is Winsted, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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
$240,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Winsted have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in Winsted was $240,000 in May 2024, up 6.7% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $177.4K | $167.5K | -5.6% |
| 2 Bedrooms | $165.2K | $180.9K | +9.5% |
| 3 Bedrooms | $240K | $245K | +2.1% |
| 4 Bedrooms | $255K | $250K | -2.0% |
| 5+ Bedrooms | $240K | $305K | +27.1% |
Summary: Winsted housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.6%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 27.1%.
Median Sold Price Compared To Nearby Cities
| Winchester | $221.7K | $240K | +8.2% |
| Winsted | $225K | $240K | +6.7% |
Housing Supply in Winsted, CT
How many homes are available in Winsted, CT?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 37 | 33 | -10.8% |
Summary: The Winsted real estate market had 33 homes for sale in May 2024, a 10.8% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 7 | -12.5% |
| 3 Bedrooms | 15 | 12 | -20.0% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Winsted housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 13 | 5 | -61.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Winsted, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Winsted in May 2024, down by 61.5% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.
Days on Market for Winsted, CT
We’re sorry, we don't have information for this market at the moment
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