Is South Windsor, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South Windsor is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in South Windsor, CT

How much do homes in South Windsor, CT cost?

Median Sold Price

$372,300

$210/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$38,300(+11.5%)

Key Takeaway

Homes in South Windsor have sold for 11.5% more than they did a year ago.

Summary: The median home sold price in South Windsor was $372,300 in February 2024, up 11.5% from last year, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $133K$164.7K
+23.9%
2 $239.2K$305K
+27.5%
3 $339.9K$368K
+8.3%
4 $465K$525K
+12.9%
5+ $532.5K$641K
+20.4%

Summary: South Windsor housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.9%, 2 bedroom homes increased by 27.5%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 20.4%.

Median Sold Price Compared To Nearby Cities

South Windsor
+11.5%
Manchester
+11.2%
East Hartford
+8.3%
East Windsor
+7.4%
Broad Brook
+1.5%

Housing Supply in South Windsor, CT

How many homes are available in South Windsor, CT?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
5657+1.8%

Summary: The South Windsor real estate market had 57 homes for sale in February 2024, a 1.8% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 78
+14.3%
2 1311
-15.4%
3 1818
0.0%
4 1717
0.0%
5+ 13
+200.0%

Summary: The South Windsor housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes decreased by 15.4%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1823+27.8%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South Windsor, you could pay more than the asking price. 65.2% of homes here sold above asking price last month.

Summary: A total of 23 homes were sold or pending in South Windsor in February 2024, up by 27.8% month-over-month. Of the 23 sold homes, 26% were sold under asking, 9% were sold at asking, and 65% were sold over asking.

Days on Market for South Windsor, 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 28 Days Ago

Newest Listings in South Windsor, CT

Nearby Markets to South Windsor, CT

What housing markets are near South Windsor, CT?