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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Windham is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in North Windham, CT

How much do homes in North Windham, CT cost?

Median Sold Price

$110,000

$82/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$5,000(-4.3%)

Key Takeaway

Homes in North Windham have sold for 4.3% less than they did a year ago.

Summary: The median home sold price in North Windham was $110,000 in April 2024, down 4.3% from last year, and the median price per square foot was $82.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $60K$67K
+11.7%
3 $220K$132.2K
-39.9%
4 $189.5K$315K
+66.2%
5+ $305.7K-
N/A

Summary: North Windham housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.7%, 3 bedroom homes decreased by 39.9%, 4 bedroom homes increased by 66.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Willimantic
+14.1%
Windham
+9.3%
Mansfield Center
+5.3%
Chaplin
-1.8%
North Windham
-4.3%

Housing Supply in North Windham, CT

How many homes are available in North Windham, CT?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
13130.0%

Summary: The North Windham real estate market had 13 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 98
-11.1%
4 00
0.0%
5+ 00
0.0%

Summary: The North Windham housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Windham, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in North Windham in April 2024, up by 150.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.

Days on Market for North 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 19 Days Ago

Newest Listings in North Windham, CT

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What housing markets are near North Windham, CT?