South Windsor, CT Real Estate Market

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 Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

South Windsor, CT Housing Market Trends

With 26,162 people, 9,783 houses or apartments, and a median cost of homes of $336,440, 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 71.69% of the town's housing units. Other types of housing that are prevalent in South Windsor include large apartment complexes or high rise apartments ( 16.63%), row houses and other attached homes ( 8.11%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.68%).

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 83.52% of South Windsor's homes, and 62.32% 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 ( 30.52%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.45%). There's also some housing in South Windsor built before 1939 ( 4.55%).

South Windsor Home Appreciation Rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in South Windsor, where house values have increased just 15.78%, which is annualized rate of 1.48%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.

NeighborhoodScout's data show that during the latest twelve months, South Windsor's appreciation rate, at 9.49%, has been at or slightly above the national average. In the latest quarter, South Windsor's appreciation rate has been 3.29%, which annualizes to a rate of 13.83%.

Relative to Connecticut, our data show that South Windsor's latest annual appreciation rate is lower than 80% 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:
$336,440

South Windsor, CT HOME PRICES

> $1,166,000
0.4%
0.4%
$875,001 - $1,166,000
0.3%
0.3%
$583,001 - $875,000
7.1%
7.1%
$467,001 - $583,000
9.0%
9.0%
$350,001 - $467,000
27.7%
27.7%
$233,001 - $350,000
35.4%
35.4%
$117,001 - $233,000
15.0%
15.0%
$58,001 - $117,000
3.2%
3.2%
$0 - $58,000
2.0%
2.0%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Average for CT

Value Relative To Nation

Number Of Homes And Apartments:
9,783

South Windsor Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CT*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
58.67% 2.17%
6
3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,171 / per month

Homeownership Rate

Owners
83.5%
83.5%
Renters
16.5%
16.5%
Vacant
4.9%
4.9%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
12.5%
12.5%
1970 - 1999
52.5%
52.5%
1940 - 1969
30.5%
30.5%
1939 or Older
4.5%
4.5%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
71.7%
71.7%
Townhomes
8.1%
8.1%
Small Apt. Buildings
2.7%
2.7%
Apt. Complexes
16.6%
16.6%
Mobile Homes
0.9%
0.9%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
2.2%
2.2%
1 Bedroom
8.9%
8.9%
2 Bedrooms
20.7%
20.7%
3 Bedrooms
38.5%
38.5%
4 Bedrooms
23.8%
23.8%
5 or more bedrooms
5.9%
5.9%
0.0% 100.0%
% OF HOMES