Is Windham County, 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 County has remained a Seller's Market.
Key Takeaway
Windham County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Windham County, CT
How much do homes in Windham County, CT cost?
Median Sold Price
$316,887
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Windham County have sold for 11.2% more than they did a year ago.
Summary: The median home sold price in Windham County was $316,887 in March 2024, up 11.2% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175.4K | $157.5K | -10.2% |
| 2 Bedrooms | $237K | $265K | +11.8% |
| 3 Bedrooms | $299.9K | $330K | +10.0% |
| 4 Bedrooms | $335K | $340K | +1.5% |
| 5+ Bedrooms | $275K | $306K | +11.3% |
Summary: Windham County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.2%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 11.3%.
Median Sold Price Compared To Nearby Counties
| Tolland County | $305.1K | $340K | +11.4% |
| Windham County | $284.8K | $316.8K | +11.2% |
| New London County | $300K | $327.1K | +9.1% |
| Kent County | $354K | $385.6K | +8.9% |
| Providence County | $378.4K | $410.1K | +8.4% |
Housing Supply in Windham County, CT
How many homes are available in Windham County, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 298 | 301 | +1.0% |
Summary: The Windham County real estate market had 301 homes for sale in March 2024, a 1.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 48 | 58 | +20.8% |
| 3 Bedrooms | 153 | 152 | -0.7% |
| 4 Bedrooms | 57 | 48 | -15.8% |
| 5+ Bedrooms | 38 | 40 | +5.3% |
Summary: The Windham County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 20.8%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes increased by 5.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 83 | 73 | -12.0% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
42 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Windham County, you could pay more than the asking price. 57.5% of homes here sold above asking price last month.
Summary: A total of 73 homes were sold or pending in Windham County in March 2024, down by 12.0% month-over-month. Of the 73 sold homes, 27% were sold under asking, 15% were sold at asking, and 58% were sold over asking.
Days on Market for Windham County, CT
How long does it take to sell a home in Windham County, CT?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 203 Days | 32 Days | -84.0% |
Summary: Homes in Windham County had an average of 32 days on market in Mar 2024, down by 84% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Windham County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 73 homes were sold in Windham County; 1% of homes were sold within 30 days, 1% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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