$2,968 Closing Credit*
$249,900
1,596 SqFt
4 Beds
•1 Full Bath
Rick Nassiff, Listing Office: KW Legacy Partners
Is Willimantic, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Willimantic has remained a Seller's Market.
Key Takeaway
Willimantic is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Willimantic, CT
How much do homes in Willimantic, CT cost?
Median Sold Price
$245,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$20,000(+8.9%)
Key Takeaway
Homes in Willimantic have sold for 8.9% more than they did a year ago.
Summary: The median home sold price in Willimantic was $245,000 in September 2024, up 8.9% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $175K | $118.4K | -32.3% |
| 3 Bedrooms | $234.5K | $245K | +4.5% |
| 4 Bedrooms | $225K | $245K | +8.9% |
| 5+ Bedrooms | $247K | $312.2K | +26.4% |
Summary: Willimantic housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 32.3%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 26.4%.
Housing Supply in Willimantic, CT
How many homes are available in Willimantic, CT?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 34 | 32 | -5.9% |
Summary: The Willimantic real estate market had 32 homes for sale in September 2024, a 5.9% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 5 | +150.0% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 8 | 5 | -37.5% |
| 5+ Bedrooms | 12 | 10 | -16.7% |
Summary: The Willimantic housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 150%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Willimantic, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Willimantic in September 2024, the same as the previous month. Of the 9 sold homes, 33% were sold under asking, 11% were sold at asking, and 56% were sold over asking.
Days on Market for Willimantic, CT
We’re sorry, we don't have information for this market at the moment
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