Winsted, CT—06098
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Winsted, CT
As of Oct '25, the median home price in Winsted, CT is $296,000, with a year-over-year change of 1.0%. This indicates that home prices in Winsted, CT are flat. According to Zillow, the 1-year price projection is 4.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $296,000 | 1.0% |
| Single Family | $307,000 | 0.3% |
| Condos | $208,000 | 3.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $226,000 | 0.9% |
2 Bed | $254,000 | 2.4% |
3 Bed | $318,000 | 1.0% |
4 Bed | $357,000 | 1.1% |
| 5 Bed | $414,000 | 2.0% |
% of Housing Stock
Rental Trends — Winsted, CT
Winsted, CT lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,450 | $1,610 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,140 | $1,190 |
| 2 Bed Rent | $1,450 | $1,470 |
| 3 Bed Rent | $1,600 | $1,760 |
| 4 Bed Rent | $1,600 | $3,230 |
% of Rental Stock
Property Listings — Winsted, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in Winsted, CT is 57. This is a increase of 31.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 38.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $407,000 | -19.0% |
Listing Count | 42 | 8.0% |
| Listings as % of Homes | 0.5% | 8.0% |
Days on Market | 57 | 31.0% |
Demographics — Winsted, CT
As of the latest ACS Survey released in 2023, Winsted, CT has a population of 10,200, which has decreased by -17.6% over the past 5 years. Winsted, CT is a less popular place for families, as children make up 14.6% of the population. The area has a moderately educated workforce, with 28.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,200 | -17.6% |
% Under 18 | 14.6% | -5.2% |
% Seniors | 27.6% | 50.0% |
% WFH | 5.5% | 41.0% |
% w/ College Degree | 28.6% | 17.7% |
As of the latest ACS Survey released in 2023, Winsted, CT is a predominantly white area, with 87.0% of the population identifying as white. The white population has shrunk by 5.1% in the last 5 years. The second most common race or ethnicity in Winsted, CT is hispanic, making up 8.6% of the population. Foreign-born residents account for 6.7% of the population in Winsted, CT, and this percentage has increased by 26.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 87.0% | -5.1% |
% Black | 1.8% | 0.0% |
% Hispanic | 8.6% | 79.2% |
% Asian | 0.1% | -87.5% |
% Foreign Born | 6.7% | 26.4% |
Mortgage and Risk — Winsted, CT
According to HUD data as of 2023, there were 206 mortgage originations in Winsted, CT, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Winsted, CT. Investor activity is low, as 4.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 206 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 4.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Winsted, CT
Winsted, CT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 221 |
Total Units Section 8 | 95 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$30 | $1,140 | $1,110 |
| 2 Bedroom | -$80 | $1,450 | $1,370 |
| 3 Bedroom | $110 | $1,600 | $1,710 |
| 4 Bedroom | $360 | $1,600 | $1,960 |
Affordability — Winsted, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $296,000 |
| Median Household Income | $68,700 |