Is Willington, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Willington is a seller's market

Buyer's
Market

Difference Since August 2023

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

Key Takeaway

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

Housing Prices in Willington, CT

How much do homes in Willington, CT cost?

Median Sold Price

$371,000

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$71,000(+23.7%)

Key Takeaway

Homes in Willington have sold for 23.7% more than they did a year ago.

Summary: The median home sold price in Willington was $371,000 in August 2024, up 23.7% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 $245.5K$324K
+32.0%
3 $309K$380K
+23.0%
4 $394K$512.5K
+30.1%
5+ $396K$657.5K
+66.0%

Summary: Willington housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 32%, 3 bedroom homes increased by 23%, 4 bedroom homes increased by 30.1%, and 5+ bedroom homes increased by 66%.

Median Sold Price Compared To Nearby Cities

Willington
+23.7%
Tolland
+19.7%
Stafford
+7.1%
Stafford Springs
+6.0%
Ashford
+4.1%

Housing Supply in Willington, CT

How many homes are available in Willington, CT?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
1923+21.1%

Summary: The Willington real estate market had 23 homes for sale in August 2024, a 21.1% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 911
+22.2%
4 36
+100.0%
5+ 22
0.0%

Summary: The Willington housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
16+500.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Willington, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Willington in August 2024, up by 500.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.

Days on Market for Willington, 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 10 Days Ago

Newest Listings in Willington, CT

Nearby Markets to Willington, CT

What housing markets are near Willington, CT?