Is Bolton, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bolton is a seller's market

Buyer's
Market

Difference Since August 2023

Since last year, Bolton has remained a Seller's Market.

Key Takeaway

Bolton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bolton, CT

How much do homes in Bolton, CT cost?

Median Sold Price

$397,500

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$32,550(+8.9%)

Key Takeaway

Homes in Bolton have sold for 8.9% more than they did a year ago.

Summary: The median home sold price in Bolton was $397,500 in August 2024, up 8.9% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 $257.5K$320K
+24.3%
3 $335K$390K
+16.4%
4 $448.7K$439K
-2.2%
5+ $437.5K$525K
+20.0%

Summary: Bolton housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 24.3%, 3 bedroom homes increased by 16.4%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes increased by 20%.

Median Sold Price Compared To Nearby Cities

Coventry
+15.9%
Vernon
+12.2%
Vernon Rockville
+11.8%
Bolton
+8.9%
Andover
-12.3%

Housing Supply in Bolton, CT

How many homes are available in Bolton, CT?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
26260.0%

Summary: The Bolton real estate market had 26 homes for sale in August 2024, the same as July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 1112
+9.1%
4 109
-10.0%
5+ 12
+100.0%

Summary: The Bolton housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bolton, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Bolton in August 2024, up by 25.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.

Days on Market for Bolton, CT

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 10 Days Ago

Newest Listings in Bolton, CT

Nearby Markets to Bolton, CT

What housing markets are near Bolton, CT?