Home Values

Winsted 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

$131,000

  • -9.1% 1-year change
  • None 1-year forecast

The median home value in Winsted is $131,000. Winsted home values have declined -9.1% over the past year. The median list price per square foot in Winsted is $93, which is lower than the Torrington Metro average of $153. The median price of homes currently listed in Winsted is $135,000 while the median price of homes that sold is $170,000.

Foreclosures will be a factor impacting home values in the next several years. In Winsted 5.8 homes are foreclosed (per 10,000). This is greater than the national value of 4.2

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 Winsted is 9.9%, which is higher than the national value of 6.4%. 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 Winsted homeowners underwater on their mortgage is 25.9%.

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Relative ZHVI
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Winsted Market Overview

Data through Nov 30, 2014
  • $131,000 ZHVI
  • No data 1-yr forecast
  • $135,000 Median listing price
  • No recent data Median sale price
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Winsted Market Health

Data through Nov 30, 2014
  • 0.1/10 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
  • 25.9% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 9.9% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Cities

Name Median ZHVI
Avon $359,800
Norfolk $325,900
Goshen $315,900
Name Median ZHVI
New Hartford $262,300
Hartland $249,900
Barkhamsted $240,400
Name Median ZHVI
Winchester $195,400
Torrington $137,500
 

Listings & Sales

Data through Nov 30, 2014
  • $93 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
18.2%
Sold below listing
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Winsted Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,227 Winsted
    $1,548 Torrington Metro
    $1,342 United States

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

  • 2.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • $0.85 Rent list price / sq ft
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