Is Windham, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Windham has remained a Seller's Market.
Housing Prices in Windham, CT
How much do homes in Windham, CT cost?
Median Sold Price
$238,500
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Windham was $238,500 in May 2024, up 8.4% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $73.5K | - | N/A |
2 Bedrooms | $152.5K | $115K | -24.6% |
3 Bedrooms | $239K | $245K | +2.5% |
4 Bedrooms | $243.5K | $280K | +15.0% |
5+ Bedrooms | $247K | $270K | +9.3% |
Summary: Windham housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 24.6%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 15%, and 5+ bedroom homes increased by 9.3%.
Median Sold Price Compared To Nearby Cities
Willimantic | $209K | $237K | +13.4% |
Windham | $220K | $238.5K | +8.4% |
Mansfield Center | $285K | $298K | +4.6% |
North Windham | $117.5K | $110K | -6.4% |
Housing Supply in Windham, CT
How many homes are available in Windham, CT?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
55 | 52 | -5.5% |
Summary: The Windham real estate market had 52 homes for sale in May 2024, a 5.5% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 11 | 10 | -9.1% |
3 Bedrooms | 30 | 25 | -16.7% |
4 Bedrooms | 7 | 9 | +28.6% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Windham housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 12 | -29.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Windham in May 2024, down by 29.4% month-over-month. Of the 12 sold homes, 25% were sold under asking, 8% were sold at asking, and 67% were sold over asking.
Days on Market for Windham, CT
We’re sorry, we don't have information for this market at the moment