Is South Windsor, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South Windsor is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, South Windsor has remained a Seller's Market.

Key Takeaway

South Windsor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in South Windsor, CT

How much do homes in South Windsor, CT cost?

Median Sold Price

$379,000

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$44,000(+13.1%)

Key Takeaway

Homes in South Windsor have sold for 13.1% more than they did a year ago.

Summary: The median home sold price in South Windsor was $379,000 in April 2024, up 13.1% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $135K$165K
+22.2%
2 $240K$315K
+31.3%
3 $335K$375K
+11.9%
4 $475K$525K
+10.5%
5+ $494K$650K
+31.6%

Summary: South Windsor housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.2%, 2 bedroom homes increased by 31.3%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 31.6%.

Median Sold Price Compared To Nearby Cities

South Windsor
+13.1%
Manchester
+11.0%
East Hartford
+9.1%
East Windsor
+3.6%
Broad Brook
0.0%

Housing Supply in South Windsor, CT

How many homes are available in South Windsor, CT?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5966+11.9%

Summary: The South Windsor real estate market had 66 homes for sale in April 2024, a 11.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 34
+33.3%
2 1211
-8.3%
3 2430
+25.0%
4 1617
+6.3%
5+ 44
0.0%

Summary: The South Windsor housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2322-4.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South Windsor, you could pay more than the asking price. 72.7% of homes here sold above asking price last month.

Summary: A total of 22 homes were sold or pending in South Windsor in April 2024, down by 4.3% month-over-month. Of the 22 sold homes, 27% were sold under asking, 0% were sold at asking, and 73% were sold over asking.

Days on Market for South Windsor, 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 17 Days Ago

Newest Listings in South Windsor, CT

Nearby Markets to South Windsor, CT

What housing markets are near South Windsor, CT?