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Wangumbaug Lake, South Coventry CTPhoto: John Phelan · CC BY 4.0
Housing in Coventry Lake

46 homes sold in Coventry Lake in the last year, at a typical $324K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Coventry Lake homes are listed.

Homes for sale in Coventry LakeZillowRedfinRealtor.comMore places to look ↓
Homes sold
46
June 2025 to May 2026
Typical sale price
$324K
median, weighted by sales
Price per square foot
$293
Connecticut $263
Paid vs. asking
103.7%
59% sold over asking
For sale now
6
May 2026 · 4 sold that month
What sold · last 12 months

Houses are 100% of Coventry Lake’s sales, at a typical $324K

46 homes sold in the year to May 2026.

Houses$324K

typical sale · 46 sold in 12 months

Per square foot
$293CT $273
Days to sell
36
Sold over asking
59%
Listings with a price cut
38%
14 years of sales

About as many homes sell as usual, at 2.2 times the 2016 price

46 sales in the last year, against 76 in 2017 and a low of 32 in 2013. The typical sale went from $150K in 2016 to $324K.

Homes soldTypical sale price
0255075100$175K$250K$325K$400K2012: 34 sold, typical $156K’122013: 32 sold, typical $157K2014: 58 sold, typical $128K’142015: 53 sold, typical $142K2016: 53 sold, typical $150K’162017: 76 sold, typical $150K2018: 63 sold, typical $187K’182019: 55 sold, typical $180K2020: 69 sold, typical $201K’202021: 76 sold, typical $222K2022: 50 sold, typical $236K’222023: 38 sold, typical $243K2024: 48 sold, typical $311K’242025: 47 sold, typical $332KLast 12 months: 46 sold, typical $324KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $300K buys in Coventry Lake

Houseat $293 a sq ft
The same money in Connecticutat $273 a sq ft

Is this asking price fair?

Check a listing against what Coventry Lake homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Coventry Lake are more common than before the pandemic, but two thirds fewer homes come up for sale

We read every month of Coventry Lake’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 46 sales.

If you’re buying in Coventry Lake

  • Shop in June. It brings about 9 new listings a month, close to the busiest month, with fewer bidding wars (39% over asking).
  • You can negotiate. 38% of listings have cut their price, against 25% before the pandemic.
  • Expect to bid over asking. Buyers paid 103.7% of the list price on average; 59% paid over.
  • Move fast on good ones. 55% of homes are under contract within two weeks.
Best time to buy

Summer brings both the most homes and the most bidding wars

June has the most new listings (about 9 a month), but August is the most competitive: 50% of August sales close over asking. March has the least competition (25%).

New listings a monthShare sold over asking
02.557.51020%40%60%Sweet spotJan: 3 new listings a month, 41% sold over asking, 52 days to sellJFeb: 4 new listings a month, 45% sold over asking, 66 days to sellFMar: 7 new listings a month, 25% sold over asking, 64 days to sellMApr: 7 new listings a month, 45% sold over asking, 48 days to sellAMay: 8 new listings a month, 41% sold over asking, 48 days to sellMJun: 9 new listings a month, 39% sold over asking, 58 days to sellJJul: 7 new listings a month, 49% sold over asking, 47 days to sellJAug: 8 new listings a month, 50% sold over asking, 42 days to sellASep: 3 new listings a month, 43% sold over asking, 55 days to sellSOct: 5 new listings a month, 36% sold over asking, 55 days to sellONov: 4 new listings a month, 37% sold over asking, 70 days to sellNDec: 3 new listings a month, 33% sold over asking, 49 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like Connecticut as a whole

Coventry Lake now2017–192021 peakCT now
Sold over askingShare of sales that closed above the list price59%29%51%56%
Gone within two weeksShare of homes under contract within 14 days55%14%54%47%
Listings with a price cutShare of homes for sale that cut their price38%25%24%18%
Price paid vs. askingAverage sale price ÷ list price103.7%98.4%100.9%102.2%
Days to sellMedian days from listing to contract36714539
Supply

8 homes for sale on a typical day

That’s 1.6 times the 2023 low (5), 64% fewer than in 2017–19 and well under 2014’s 42.

2012: 28 for sale’122013: 28 for sale2014: 42 for sale2015: 20 for sale’152016: 28 for sale2017: 25 for sale2018: 19 for sale’182019: 21 for sale2020: 14 for sale2021: 9 for sale’212022: 7 for sale2023: 5 for sale2024: 6 for sale’242025: 8 for saleLast 12 months: 8 for saleNow
Room to negotiate

1 in 3 listings has cut its price

38% in the last year, against 25% in 2017–19 and 18% across Connecticut. More sellers are pricing high and coming down.

2018: 25%’182019: 26%2020: 19%2021: 24%’212022: 28%2023: 34%2024: 33%’242025: 37%Last 12 months: 38%Now

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Coventry Lake home costs about $2,102 a month

Mortgage
Property tax
Insurance
Rent

Price: Coventry Lake’s typical sale, last 12 months. Property tax at Coventry Lake’s 1.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Coventry Lake is affordable on local pay is on Cost of living.

Before you buy in Coventry Lake

Five things worth knowing

9

New listings in June

The month with the most choice. December has the fewest, about 3.

Best time to buy
1.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $324K home, about $4,940 a year.

Taxes vs. neighbors
26 min

Typical commute

The average one-way trip to work for people who live in Coventry Lake.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

South Coventry, Storrs, Willimantic, Rockville, Manchester and South Windham sell for less a square foot

The busier markets within 25 miles of Coventry Lake, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Manchester375$315K$21672%21
Willimantic102$280K$17356%40
South Windham51$325K$19661%48
Rockville49$293K$18665%25
Coventry Lake46$324K$29359%36
Storrs41$420K$22046%44
South Coventry22$422K$25668%32

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Coventry Lake, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Coventry Lake. People who follow the town see it, and so do people comparing Coventry Lake with their own town. No commission, no listing fee.

Questions about buying a home in Coventry Lake

What do homes sell for in Coventry Lake, CT?

46 homes sold in the year to May 2026 at a typical $324K, $293 a square foot.

Is Coventry Lake a buyer’s or seller’s market?

A seller’s market: 6 homes were for sale in May 2026 and 4 sold, about 1.5 months of supply. Buyers paid 103.7% of asking on average, and 38% of listings cut their price.

When is the best time to buy in Coventry Lake?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Coventry Lake?

About 1.5% of a home’s value a year. On a $324K home that’s near $4,940.

Where can I see homes for sale in Coventry Lake?

Zillow, Redfin, Realtor.com and Homes.com all carry Coventry Lake’s MLS listings; the search links above open each one filtered to Coventry Lake.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).