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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Winchester is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Winchester was a Seller's Market.

Key Takeaway

Winchester is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Winchester, CT

How much do homes in Winchester, CT cost?

Median Sold Price

$275,000

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$45,000(+19.6%)

Key Takeaway

Homes in Winchester have sold for 19.6% more than they did a year ago.

Summary: The median home sold price in Winchester was $275,000 in November 2024, up 19.6% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $175K$150K
-14.3%
2 $168K$220K
+31.0%
3 $238.7K$330K
+38.2%
4 $250K$274K
+9.6%
5+ $227.5K$309K
+35.8%

Summary: Winchester housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 31%, 3 bedroom homes increased by 38.2%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 35.8%.

Median Sold Price Compared To Nearby Cities

Winsted
+20.0%
Winchester
+19.6%
Torrington
+14.6%

Housing Supply in Winchester, CT

How many homes are available in Winchester, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5052+4.0%

Summary: The Winchester real estate market had 52 homes for sale in November 2024, a 4.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1010
0.0%
3 1616
0.0%
4 1414
0.0%
5+ 1012
+20.0%

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

Number of Homes Sold

Oct 2024Nov 2024CHANGE
118-27.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Winchester, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Winchester in November 2024, down by 27.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.

Days on Market for Winchester, 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 Winchester, CT

Nearby Markets to Winchester, CT

What housing markets are near Winchester, CT?