Windham, CT
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Windham Neighborhoods Since 2000




Windham, 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

Windham Housing Market Information

With 24,799 people, 8,898 houses or apartments, and a median cost of homes of $154,515, Windham real estate values are some of the lowest in Connecticut, although compared to real estate around the nation, Windham homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Windham, accounting for 42.65% of the town's housing units. Other types of housing that are prevalent in Windham include duplexes, homes converted to apartments or other small apartment buildings ( 26.64%), large apartment complexes or high rise apartments ( 20.87%), and a few row houses and other attached homes ( 5.17%).

People in Windham primarily live in small (one, two or no bedroom) single-family detached homes. Windham has a mixture of owner-occupied and renter-occupied housing.

The housing in Windham was primarily built before 1939 ( 33.73%), making the housing stock in Windham some of the oldest overall in America, although there is a range of ages of homes in Windham. The next most important housing age is between 1940-1969 ( 29.51%), followed by between 1970-1999 ( 29.25%). There's also some housing in Windham built between 2000 and later ( 7.51%).

Windham Home Appreciation Rates

Homes have actually lost value in Windham over the last then years, as home values have seen a decline of 20.03% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Windham home appreciation rates at 0.33%, which equates to an annual appreciation rate of 1.33%.

Over the last year, Windham appreciation rates have trailed the rest of the nation. In the last twelve months, Windham's appreciation rate has been 0.67%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Windham were at 0.33%, which equates to an annual appreciation rate of 1.33%.

Relative to Connecticut, our data show that Windham'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 Windham differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Windham - 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 Windham real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$154,515

Windham, CT HOME PRICES

Value Range
> $1,008,000 0.2
$756,001 - $1,008,000 0.0
$504,001 - $756,000 0.6
$403,001 - $504,000 0.5
$302,001 - $403,000 2.6
$202,001 - $302,000 15.9
$101,001 - $202,000 61.3
$50,001 - $101,000 14.0
$0 - $50,000 4.8

Very Low for CT
Average for Nation

Value Relative to Nation Value Relative to State
48.1483651705145 99.4082840236686

Number Of Homes And Apartments:
8,898

Windham 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
30.52% 1.56% 7 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$941 / per month

Homeownership Rate

Homeownership
Owners 42.14
Renters 57.86
Vacant 8.04

Housing Market Details

 

Age of Homes

AGE OF Windham HOMES
2000 or Newer 7.5
1970 - 1999 29.2
1940 - 1969 29.5
1939 or Older 33.7

Types of Homes

TYPE OF Windham HOMES
Single-Family 42.7
Townhomes 5.2
Small Apt. Buildings 26.6
Apt. Complexes 20.9
Mobile Homes 4.7
Other 0.0

Home Size

SIZE OF Windham HOMES
No Bedroom 2.60
1 Bedroom 14.68
2 Bedrooms 34.01
3 Bedrooms 36.40
4 Bedrooms 9.27
5 or more bedrooms 3.04