$4,156 Closing Credit*
$350,000
1,305 SqFt
3 Beds
•1 Full Bath
Amy Carroll-Benabid, Listing Office: William Raveis Real Estate
Is Wolcott, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Wolcott has remained a Seller's Market.
Key Takeaway
Wolcott is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wolcott, CT
How much do homes in Wolcott, CT cost?
Median Sold Price
$360,000
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$50,000(+16.1%)
Key Takeaway
Homes in Wolcott have sold for 16.1% more than they did a year ago.
Summary: The median home sold price in Wolcott was $360,000 in August 2024, up 16.1% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $257.4K | $230K | -10.7% |
| 2 Bedrooms | $255K | $267.5K | +4.9% |
| 3 Bedrooms | $310K | $359K | +15.8% |
| 4 Bedrooms | $370K | $432.5K | +16.9% |
| 5+ Bedrooms | $392.5K | $455K | +15.9% |
Summary: Wolcott housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.7%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes increased by 15.9%.
Median Sold Price Compared To Nearby Cities
| Terryville | $257K | $300K | +16.7% |
| Wolcott | $310K | $360K | +16.1% |
| Waterbury | $228.7K | $260.8K | +14.0% |
| Southington | $339.8K | $374.5K | +10.2% |
| Plantsville | $336.2K | $368K | +9.4% |
Housing Supply in Wolcott, CT
How many homes are available in Wolcott, CT?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 69 | 66 | -4.3% |
Summary: The Wolcott real estate market had 66 homes for sale in August 2024, a 4.3% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 12 | 14 | +16.7% |
| 3 Bedrooms | 42 | 39 | -7.1% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Wolcott 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 increased by 16.7%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 21 | 19 | -9.5% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wolcott, you may be able to get a good deal. 47.4% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Wolcott in August 2024, down by 9.5% month-over-month. Of the 19 sold homes, 47% were sold under asking, 5% were sold at asking, and 47% were sold over asking.
Days on Market for Wolcott, CT
We’re sorry, we don't have information for this market at the moment
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