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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 12,537 people, 5,417 houses or apartments, and a median cost of homes of $345,501, Windsor Locks real estate values are some of the lowest in Connecticut, although compared to real estate around the nation, Windsor Locks homes are still considered rather expensive.
Single-family detached homes are the single most common housing type in Windsor Locks, accounting for 69.82% of the town's housing units. Other types of housing that are prevalent in Windsor Locks include large apartment complexes or high rise apartments ( 14.33%), duplexes, homes converted to apartments or other small apartment buildings ( 8.18%), and a few row houses and other attached homes ( 7.66%).
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 Locks. Owner-occupied housing accounts for 79.55% of Windsor Locks's homes, and 56.57% 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 Locks's housing was primarily built during this period, from the '40s through the '60s. A full 51.29% of the town's housing hails from this era. Other housing ages represented in Windsor Locks include homes built between 1970-1999 ( 22.39%) and housing constructed before 1939 ( 14.11%). There's also some housing in Windsor Locks built between 2000 and later ( 12.21%).
Windsor Locks's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Windsor Locks during the period has been just 5.16%, which is lower than 80% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Windsor Locks's appreciation rate, at 6.96%, has been at or slightly above the national average. In the latest quarter, Windsor Locks's appreciation rate has been 2.73%, which annualizes to a rate of 11.36%.
Relative to Connecticut, our data show that Windsor Locks's latest annual appreciation rate is lower than 70% of the other cities and towns in Connecticut.
$345,501
for Connecticut
for nation
5,417
$2,372 / per month