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Bankruptcy Homes in Willimantic, CT

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Willimantic, CT Foreclosures

How much do homes sell for in Willimantic, CT?
The average home price is currently $327,376.
In Willimantic, CT, how many homes are available?
There are currently 4 active home listings available in Willimantic.
What’s the average rental cost in Willimantic, CT?
The average rental price in Willimantic is $1,436.
What is the most expensive home in Willimantic?
The most expensive home sold in Willimantic had a price of $41,386,120.
What is currently the cheapest priced home in Willimantic, CT?
The cheapest home for sale in Willimantic is priced at $11,447.

Living in Willimantic, CT

Willimantic is a vibrant town in northeastern Connecticut known for its rich history, cultural diversity, and a strong sense of community. Nestled along the Willimantic River, it offers a mix of urban amenities and natural beauty, making it a great place for families, students, and professionals. With its quaint downtown area, numerous parks, and accessibility to larger cities, Willimantic is an attractive location for those seeking a balanced lifestyle.

Current Market Conditions in Willimantic, CT

The real estate market in Willimantic remains competitive, with a mix of historic homes and new constructions available. Home prices have seen moderate growth over the past year, reflecting the area's affordability and appeal. Increased demand for housing, particularly among young families and professionals, has led to a steady rise in property values and renovations of older homes.

In terms of trends, Willimantic is experiencing a revival in its downtown area, attracting new businesses and investments. The push for revitalization is likely to continue fueling interest in the local real estate market.

Home Value Estimator For Willimantic, CT

There are currently 3,525 real estate properties in Willimantic, CT, with a median automated valuation model (AVM) price of $275,847.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Willimantic, CT, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Willimantic, CT, is $327,376.00, with the most expensive house in Willimantic, CT, topping out at $41,386,120.00 and the cheapest home in Willimantic, CT, clocking in at $11,447.00. In other words, there’s something for every potential homebuyer or savvy investor in Willimantic, CT!

Rent Prices In Willimantic, CT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Willimantic, CT, is on a rollercoaster ride. The average rent price in Willimantic, CT, is $1,436.00. Indeed, when looking to rent in Willimantic, CT, you can expect to pay as little as $760.00 or as much as $2,700.00, with the average rent median estimated to be $1,370.00. The good news is that finding an affordable and desirable property to rent in Willimantic, CT -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Willimantic, CT Bankruptcy Homes

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