Windsor Locks, CT
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Windsor Locks Neighborhoods Since 2000




Windsor Locks, 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

Windsor Locks Housing Market Information

With 12,537 people, 4,974 houses or apartments, and a median cost of homes of $194,575, Windsor Locks real estate values are some of the lowest in Connecticut, although compared to real estate around the nation, Windsor Locks homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Windsor Locks, accounting for 71.33% of the town's housing units. Other types of housing that are prevalent in Windsor Locks include large apartment complexes or high rise apartments ( 11.33%), duplexes, homes converted to apartments or other small apartment buildings ( 10.16%), and a few row houses and other attached homes ( 7.06%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Windsor Locks. Owner-occupied housing accounts for 76.99% of Windsor Locks's homes, and 61.38% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Windsor Locks's housing was primarily built during this period, from the '40s through the '60s. A full 49.20% of the town's housing hails from this era. Other housing ages represented in Windsor Locks include homes built between 1970-1999 ( 25.61%) and housing constructed before 1939 ( 16.86%). There's also some housing in Windsor Locks built between 2000 and later ( 8.33%).

Windsor Locks Home Appreciation Rates

Homes have actually lost value in Windsor Locks over the last then years, as home values have seen a decline of 21.60% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Windsor Locks home appreciation rates at -1.07%, which equates to an annual appreciation rate of -4.22%.

Over the last year, Windsor Locks appreciation rates have trailed the rest of the nation. In the last twelve months, Windsor Locks's appreciation rate has been -0.58%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Windsor Locks were at -1.07%, which equates to an annual appreciation rate of -4.22%.

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

Relative to Connecticut, our data show that Windsor Locks's latest annual appreciation rate is lower than 50% of the other cities and towns in Connecticut.

Average Home Values

 

Median Home Value:
$194,575

Windsor Locks, CT HOME PRICES

Value Range
> $974,000 0.3
$730,001 - $974,000 0.2
$487,001 - $730,000 0.2
$389,001 - $487,000 0.3
$292,001 - $389,000 11.6
$195,001 - $292,000 33.0
$97,001 - $195,000 49.7
$49,001 - $97,000 1.7
$0 - $49,000 2.9

Very Low for CT
High for Nation

Value Relative to Nation Value Relative to State
33.5784600960975 85.7988165680473

Number Of Homes And Apartments:
4,974

Windsor Locks 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
21.69% 1.14% 3 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,310 / per month

Homeownership Rate

Homeownership
Owners 76.99
Renters 23.01
Vacant 6.06

Housing Market Details

 

Age of Homes

AGE OF Windsor Locks HOMES
2000 or Newer 8.3
1970 - 1999 25.6
1940 - 1969 49.2
1939 or Older 16.9

Types of Homes

TYPE OF Windsor Locks HOMES
Single-Family 71.3
Townhomes 7.1
Small Apt. Buildings 10.2
Apt. Complexes 11.3
Mobile Homes 0.1
Other 0.0

Home Size

SIZE OF Windsor Locks HOMES
No Bedroom 0.79
1 Bedroom 8.99
2 Bedrooms 25.51
3 Bedrooms 45.27
4 Bedrooms 16.11
5 or more bedrooms 3.32