Windham, CT
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Windham, CT Real Estate Data


Windham Housing Market Information

With 24,799 people, 8,920 houses or apartments, and a median cost of homes of $161,940, 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 41.69% 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 ( 25.73%), large apartment complexes or high rise apartments ( 21.86%), and a few row houses and other attached homes ( 5.61%).

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 ( 35.41%), 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 1970-1999 ( 30.96%), followed by between 1940-1969 ( 26.47%). There's also some housing in Windham built between 2000 and later ( 7.16%).

Windham Home Appreciation Rates

Windham's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Windham during the period has been just -1.63%, which is lower than 80% of US communities.

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 3.24%, 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 1.83%, which equates to an annual appreciation rate of 7.50%.

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:
$161,940

Windham, CT HOME PRICES

Value Range
> $1,030,000 0.2
$772,001 - $1,030,000 0.0
$515,001 - $772,000 0.8
$412,001 - $515,000 0.0
$309,001 - $412,000 2.4
$206,001 - $309,000 20.8
$103,001 - $206,000 59.7
$52,001 - $103,000 10.7
$0 - $52,000 5.3

Very Low for CT
Average for Nation

Value Relative to Nation Value Relative to State
45.9741172337062 98.2248520710059

Number Of Homes And Apartments:
8,920

Rent & Ownership

 

Average Market Rent:
$988 / per month

Homeownership Rate

Homeownership
Owners 40.87
Renters 59.13
Vacant 8.06

Housing Market Details

 

Age of Homes

AGE OF Windham HOMES
2000 or Newer 7.2
1970 - 1999 31.0
1940 - 1969 26.5
1939 or Older 35.4

Types of Homes

TYPE OF Windham HOMES
Single-Family 41.7
Townhomes 5.6
Small Apt. Buildings 25.7
Apt. Complexes 21.9
Mobile Homes 5.1
Other 0.0

Home Size

SIZE OF Windham HOMES
No Bedroom 3.53
1 Bedroom 14.82
2 Bedrooms 33.71
3 Bedrooms 36.06
4 Bedrooms 9.04
5 or more bedrooms 2.83

Windham Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CT*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
35.89% 1.82% 7 4
* 10 is highest