Is Wolcott, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$350,000
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Wolcott have sold for 15.4% more than they did a year ago.
Summary: The median home sold price in Wolcott was $350,000 in March 2024, up 15.4% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $164.9K | $307.5K | +86.5% |
| 2 Bedrooms | $239.9K | $270K | +12.5% |
| 3 Bedrooms | $311K | $340K | +9.3% |
| 4 Bedrooms | $370K | $426.2K | +15.2% |
| 5+ Bedrooms | $453K | $396.2K | -12.5% |
Summary: Wolcott housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 86.5%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes decreased by 12.5%.
Median Sold Price Compared To Nearby Cities
| Plantsville | $294.6K | $361K | +22.5% |
| Terryville | $252.9K | $295K | +16.6% |
| Wolcott | $303.3K | $350K | +15.4% |
| Waterbury | $220K | $250K | +13.6% |
| Southington | $335K | $360K | +7.5% |
Housing Supply in Wolcott, CT
How many homes are available in Wolcott, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 37 | 37 | 0.0% |
Summary: The Wolcott real estate market had 37 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 19 | 22 | +15.8% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Wolcott housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 15.8%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 13 | 9 | -30.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wolcott, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Wolcott in March 2024, down by 30.8% month-over-month. Of the 9 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% 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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