Home Values

Willimantic Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$125,100

  • 1.3% 1-year change
  • None 1-year forecast

The median home value in Willimantic is $125,100. Willimantic home values have gone up 1.3% over the past year. The median rent price in Willimantic is $1,150, which is lower than the Willimantic Metro median of $1,200.

Foreclosures will be a factor impacting home values in the next several years. In Willimantic 6.2 homes are foreclosed (per 10,000). This is greater than the national value of 3.8

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Willimantic is 11.6%, which is higher than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Willimantic homeowners underwater on their mortgage is 34.8%.

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Relative ZHVI
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Willimantic Market Overview

Data through Jun 30, 2015
  • $125,100 ZHVI
  • No data 1-yr forecast
  • No data Median listing price
  • No recent data Median sale price
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Willimantic Market Health

Data through Jun 30, 2015
  • 0.6/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 34.8% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 11.6% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)
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Nearby Cities

Name Median ZHVI
Columbia $227,500
South Coventry $227,500
Lebanon $210,300
Name Median ZHVI
Franklin $205,400
Chaplin $180,200
Hampton $175,700
Name Median ZHVI
Windham $164,600
Coventry $161,000
South Windham $146,200

Listings & Sales

  • No data
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Willimantic Rentals

Data through Jun 30, 2015
  • Zillow Rent Index

  • $1,304 Willimantic
    $1,369 Willimantic Metro
    $1,369 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • $1,150 Rent list price
  • $0.88 Rent list price / sq ft
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