South Windsor, CT
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating South Windsor Neighborhoods Since 2000




South Windsor, CT Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

South Windsor Housing Market Information

With 25,789 people, 9,602 houses or apartments, and a median cost of homes of $280,191, South Windsor real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in South Windsor, accounting for 73.04% of the town's housing units. Other types of housing that are prevalent in South Windsor include large apartment complexes or high rise apartments ( 13.36%), row houses and other attached homes ( 8.74%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.56%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in South Windsor. Owner-occupied housing accounts for 86.40% of South Windsor's homes, and 64.66% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in South Windsor built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in South Windsor built between 1940-1969 ( 31.42%). A lesser amount of the housing stock also hails from between 2000 and later ( 9.94%). There's also some housing in South Windsor built before 1939 ( 7.19%).

South Windsor Home Appreciation Rates

South Windsor's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in South Windsor during the period has been just -1.32%, which is lower than 70% of US communities.

Over the last year, South Windsor appreciation rates have trailed the rest of the nation. In the last twelve months, South Windsor's appreciation rate has been 0.51%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in South Windsor were at -1.07%, which equates to an annual appreciation rate of -4.22%.

Notably, South Windsor's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Connecticut, our data show that South Windsor's latest annual appreciation rate is higher than 60% of the other cities and towns in Connecticut.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within South Windsor differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in South Windsor - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best South Windsor real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$280,191

South Windsor, CT HOME PRICES

Value Range
> $1,006,000 0.4
$754,001 - $1,006,000 1.0
$503,001 - $754,000 4.8
$402,001 - $503,000 11.5
$302,001 - $402,000 23.1
$201,001 - $302,000 36.6
$100,001 - $201,000 17.3
$50,001 - $100,000 2.3
$0 - $50,000 3.0

Average for CT
Very High for Nation

Value Relative to Nation Value Relative to State
18.4694714637291 47.9289940828402

Number Of Homes And Apartments:
9,602

South Windsor Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CT*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
33.57% 1.69% 8 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,344 / per month

Homeownership Rate

Homeownership
Owners 86.40
Renters 13.60
Vacant 5.33

Housing Market Details

 

Age of Homes

AGE OF South Windsor HOMES
2000 or Newer 9.9
1970 - 1999 51.5
1940 - 1969 31.4
1939 or Older 7.2

Types of Homes

TYPE OF South Windsor HOMES
Single-Family 73.0
Townhomes 8.7
Small Apt. Buildings 3.6
Apt. Complexes 13.4
Mobile Homes 1.3
Other 0.0

Home Size

SIZE OF South Windsor HOMES
No Bedroom 0.38
1 Bedroom 5.70
2 Bedrooms 22.34
3 Bedrooms 40.74
4 Bedrooms 23.92
5 or more bedrooms 6.92