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

Windsor, CT Housing Market Trends

With a population of 28,733, 10,770 total housing units (homes and apartments), and a median house value of $253,064, Windsor real estate values are some of the lowest in Connecticut, although compared to real estate around the nation, Windsor homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Windsor, accounting for 77.91% of the town's housing units. Other types of housing that are prevalent in Windsor include duplexes, homes converted to apartments or other small apartment buildings ( 9.39%), large apartment complexes or high rise apartments ( 6.38%), and a few row houses and other attached homes ( 6.31%).

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. Owner-occupied housing accounts for 81.21% of Windsor's homes, and 68.39% 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's housing was primarily built during this period, from the '40s through the '60s. A full 38.38% of the town's housing hails from this era. Other housing ages represented in Windsor include homes built between 1970-1999 ( 37.51%) and housing constructed before 1939 ( 16.90%). There's also some housing in Windsor built between 2000 and later ( 7.21%).

Windsor Home Appreciation Rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Windsor, where house values have increased just 15.27%, which is annualized rate of 1.43%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.

Appreciation rates are so strong in Windsor that despite a nationwide downturn in the housing market, Windsor real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Windsor appreciation rates continue to be some of the highest in America, at 10.44%, which is higher than appreciation rates in 70.76% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Windsor. Windsor appreciation rates in the latest quarter were at 3.31%, which equates to an annual appreciation rate of 13.93%.

Relative to Connecticut, our data show that Windsor's latest annual appreciation rate is lower than 70% 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 Windsor differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in 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 Windsor real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$253,064

Windsor, CT HOME PRICES

> $1,173,000
0.4%
0.4%
$880,001 - $1,173,000
0.0%
0.0%
$587,001 - $880,000
0.6%
0.6%
$469,001 - $587,000
3.2%
3.2%
$352,001 - $469,000
12.4%
12.4%
$234,001 - $352,000
43.8%
43.8%
$118,001 - $234,000
32.7%
32.7%
$59,001 - $118,000
4.8%
4.8%
$0 - $59,000
2.1%
2.1%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Very Low for CT

Value Relative To Nation

Number Of Homes And Apartments:
10,770

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
49.55% 1.89%
3
2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,929 / per month

Homeownership Rate

Owners
81.2%
81.2%
Renters
18.8%
18.8%
Vacant
5.3%
5.3%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
7.2%
7.2%
1970 - 1999
37.5%
37.5%
1940 - 1969
38.4%
38.4%
1939 or Older
16.9%
16.9%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
77.9%
77.9%
Townhomes
6.3%
6.3%
Small Apt. Buildings
9.4%
9.4%
Apt. Complexes
6.4%
6.4%
Mobile Homes
0.0%
0.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.1%
1.1%
1 Bedroom
4.8%
4.8%
2 Bedrooms
22.6%
22.6%
3 Bedrooms
45.0%
45.0%
4 Bedrooms
23.4%
23.4%
5 or more bedrooms
3.1%
3.1%
0.0% 100.0%
% OF HOMES