Is Winsted, 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, Winsted has remained a Seller's Market.
Key Takeaway
Winsted is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Winsted, CT
How much do homes in Winsted, CT cost?
Median Sold Price
$238,750
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Winsted have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in Winsted was $238,750 in March 2024, up 5.6% 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 | $177.4K | $175K | -1.4% |
| 2 Bedrooms | $166K | $210K | +26.5% |
| 3 Bedrooms | $240K | $240K | 0.0% |
| 4 Bedrooms | $260K | $233.7K | -10.1% |
| 5+ Bedrooms | $242.5K | $300K | +23.7% |
Summary: Winsted housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.4%, 2 bedroom homes increased by 26.5%, 3 bedroom homes did not change, 4 bedroom homes decreased by 10.1%, and 5+ bedroom homes increased by 23.7%.
Median Sold Price Compared To Nearby Cities
| Winchester | $223.7K | $240K | +7.3% |
| Winsted | $226K | $238.7K | +5.6% |
| Colebrook | $450K | $240K | -46.7% |
Housing Supply in Winsted, CT
How many homes are available in Winsted, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 34 | 35 | +2.9% |
Summary: The Winsted real estate market had 35 homes for sale in March 2024, a 2.9% 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 | 13 | 17 | +30.8% |
| 4 Bedrooms | 11 | 8 | -27.3% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Winsted 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 30.8%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Asking Price vs. Sold Price
3 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 Winsted, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Winsted in March 2024, up by 28.6% month-over-month. Of the 9 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% were sold over asking.
Days on Market for Winsted, CT
We’re sorry, we don't have information for this market at the moment
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