Is Windham, 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, Windham has remained a Seller's Market.
Key Takeaway
Windham is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Windham, CT
How much do homes in Windham, CT cost?
Median Sold Price
$243,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Windham have sold for 13.8% more than they did a year ago.
Summary: The median home sold price in Windham was $243,000 in March 2024, up 13.8% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $73.5K | - | N/A |
| 2 Bedrooms | $139.5K | $119.9K | -14.0% |
| 3 Bedrooms | $226.7K | $245K | +8.0% |
| 4 Bedrooms | $209K | $294.5K | +40.9% |
| 5+ Bedrooms | $232K | $250K | +7.8% |
Summary: Windham housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 40.9%, and 5+ bedroom homes increased by 7.8%.
Median Sold Price Compared To Nearby Cities
| Willimantic | $205K | $234K | +14.1% |
| Windham | $213.5K | $243K | +13.8% |
| North Windham | $110K | $112.5K | +2.3% |
| Mansfield Center | $294.9K | $299K | +1.4% |
Housing Supply in Windham, CT
How many homes are available in Windham, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 49 | 47 | -4.1% |
Summary: The Windham real estate market had 47 homes for sale in March 2024, a 4.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 27 | 28 | +3.7% |
| 4 Bedrooms | 10 | 7 | -30.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Windham 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 3.7%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 10 | -37.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Windham, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Windham in March 2024, down by 37.5% month-over-month. Of the 10 sold homes, 50% were sold under asking, 10% were sold at asking, and 40% were sold over asking.
Days on Market for Windham, CT
We’re sorry, we don't have information for this market at the moment
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