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Foreclosure Homes in Willimantic, CT

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1 View this home at Holbrook Ave Willimantic CT 06226
Preforeclosure
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$272,400 EMV
Holbrook Ave
Willimantic, CT 06226
Single-Family
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4 |
2
|
1,536
EST. RENT: $1,920
|
AUCTION: 05-11-2024
Single-Family
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4 |
2
|
1,536
View this home at Pleasant St Willimantic CT 06226
Preforeclosure
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$149,090 EMV
Pleasant St
Willimantic, CT 06226
Multi-Family
EST. RENT: $1,590
|
AUCTION: 04-20-2024
Multi-Family
4 View this home at Mansfield Ave Willimantic CT 06226
Preforeclosure
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$212,400 EMV
Mansfield Ave
Willimantic, CT 06226
Single-Family
|
3 |
1
|
920
EST. RENT: $1,450
|
AUCTION: 05-04-2024
Single-Family
|
3 |
1
|
920
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Willimantic, CT Foreclosures

How much do homes sell for in Willimantic, CT?
The average home price is currently $233,271.
In Willimantic, CT, how many homes are available?
There are currently 3,065 active home listings available in Willimantic.
What’s the average rental cost in Willimantic, CT?
The average rental price in Willimantic is $1,429.
What is the most expensive home in Willimantic, Connecticut?
The most expensive home sold in Willimantic had a price of $2,950,000.
What is currently the cheapest priced home in Willimantic, CT?
The cheapest home for sale in Willimantic is priced at $29,529.

Home Value Estimator For Willimantic, CT

There are currently 3,065 real estate properties in Willimantic, CT, with a median automated valuation model (AVM) price of $230,250.00. 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 $233,271.00, with the most expensive house in Willimantic, CT, topping out at $2,950,000.00 and the cheapest home in Willimantic, CT, clocking in at $29,529.00. 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 $1,429.00. 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.


Top Reasons To Live In Willimantic, CT In 2024

Willimantic is located in Windham, Connecticut, with an estimated municipal population of 17,358 residents. All of the best foreclosed homes for sale in Willimantic are located in the following zip code areas on Foreclosure.com: 06226. The estimated population per square kilometer (.62 miles) in Willimantic is 1,523.


Cost Of Living In Willimantic, CT

So, about how much do homes cost in Willimantic? The most recent median value of resident-owned homes in Willimantic is 148,916. An estimated 36.3 percent of households in Willimantic own their homes, with an average family size of 3.19. The median household income in Willimantic is 40,122, with11.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Willimantic, the median commute time of resident workers (in minutes) is 20.2. And last, but certainly not least, are you looking for homes to rent in Willimantic? If so, the average rent price paid by renters in Willimantic is 877, according to recent statistics.


Diversity And Demographics In Willimantic, Connecticut

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Willimantic, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Willimantic is 28.5, split between 47.6 percent male versus 52.4 female. The percentage of residents who report being married in Willimantic is 19.7, with an average family size of 3.19.

The percentage of residents who report their race in Willimantic is as follows:

White 69.1%
Black / African American 7.1%
Asian 2.3%
American Indian / Alaskan Native 3%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 7.2%
Other 11.2%

Looking for family-friendly neighborhoods in and/or near Willimantic? Or maybe you are searching for 55+ active adult communities in and/or near Willimantic?

The percentage of residents who report their age in Willimantic is as follows:

Under 10 8.6%
Aged 10-19 20.3%
20s 23.5%
30s 12.5%
40s 11.3%
50s 9.4%
60s 7.5%
70s 4%
80+ 2.9%

Best Schools In Willimantic, Connecticut

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Willimantic with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Willimantic.


Pros And Cons Of Living In Willimantic, Connecticut

How do you know that living in -- or moving to -- Willimantic is right where you need to be? Perhaps you grew up in Willimantic or already live nearby; therefore, the decision to buy a home in Willimantic is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Willimantic for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Willimantic:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Willimantic.


Reasons To Move To Willimantic, Connecticut, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Willimantic can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Willimantic, meanwhile, can field multiple offers from more qualified buyers.

Willimantic, CT Foreclosures


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