Is Willimantic, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Willimantic was a Neutral Market.
Housing Prices in Willimantic, CT
How much do homes in Willimantic, CT cost?
Median Sold Price
$232,500
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Willimantic was $232,500 in February 2024, up 15.7% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $120K | - | N/A |
2 Bedrooms | $175K | $170K | -2.9% |
3 Bedrooms | $205.5K | $240K | +16.8% |
4 Bedrooms | $203.5K | $245K | +20.4% |
5+ Bedrooms | $226K | $250K | +10.6% |
Summary: Willimantic housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.9%, 3 bedroom homes increased by 16.8%, 4 bedroom homes increased by 20.4%, and 5+ bedroom homes increased by 10.6%.
Housing Supply in Willimantic, CT
How many homes are available in Willimantic, CT?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
30 | 29 | -3.3% |
Summary: The Willimantic real estate market had 29 homes for sale in February 2024, a 3.3% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 2 | -50.0% |
3 Bedrooms | 13 | 13 | 0.0% |
4 Bedrooms | 9 | 9 | 0.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Willimantic housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
6 | 10 | +66.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Willimantic in February 2024, up by 66.7% month-over-month. Of the 10 sold homes, 40% were sold under asking, 10% were sold at asking, and 50% were sold over asking.
Days on Market for Willimantic, CT
We’re sorry, we don't have information for this market at the moment