The housing market in Winchester, CT is doing well. The median value of a house in Winchester is currently $321,500, which is lower than the US median value of $338,100. However, the 1 year appreciation rate for housing in Winchester has been higher than the national average at 9.36%. This suggests that this area might be a good investment for those looking to purchase real estate as the area could potentially appreciate in value more quickly than other locations.
The median home cost in Winchester is $321,500. Home appreciation the last 10 years has been 44.3%. Home Appreciation in Winchester is up 14.1%.
Average Age of Homes
- The median age of Winchester real estate is 61 years old
The Rental Market in Winchester
- Renters make up 33.6% of the Winchester population
- 0.8% of houses and apartments in Winchester, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.