Is Winchester, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Winchester has remained a Seller's Market.
Key Takeaway
Winchester is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Winchester, CT
How much do homes in Winchester, CT cost?
Median Sold Price
$240,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Winchester have sold for 7.3% more than they did a year ago.
Summary: The median home sold price in Winchester was $240,000 in March 2024, up 7.3% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $159.9K | $175K | +9.4% |
| 2 Bedrooms | $162.3K | $205K | +26.3% |
| 3 Bedrooms | $233K | $240K | +3.0% |
| 4 Bedrooms | $260K | $233.7K | -10.1% |
| 5+ Bedrooms | $240K | $290K | +20.8% |
Summary: Winchester housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.4%, 2 bedroom homes increased by 26.3%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 10.1%, and 5+ bedroom homes increased by 20.8%.
Median Sold Price Compared To Nearby Cities
| Torrington | $219.1K | $251K | +14.5% |
| Barkhamsted | $355K | $390.5K | +10.0% |
| Winchester | $223.7K | $240K | +7.3% |
| Winsted | $226K | $238.7K | +5.6% |
| Colebrook | $450K | $240K | -46.7% |
Housing Supply in Winchester, CT
How many homes are available in Winchester, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 31 | 32 | +3.2% |
Summary: The Winchester real estate market had 32 homes for sale in March 2024, a 3.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 11 | 15 | +36.4% |
| 4 Bedrooms | 10 | 7 | -30.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Winchester housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 36.4%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Winchester, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Winchester in March 2024, up by 14.3% month-over-month. Of the 8 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Winchester, CT
We’re sorry, we don't have information for this market at the moment
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