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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wolcott is a seller's market

Buyer's
Market

Difference Since September 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

$358,000

$208/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$43,000(+13.7%)

Key Takeaway

Homes in Wolcott have sold for 13.7% more than they did a year ago.

Summary: The median home sold price in Wolcott was $358,000 in September 2024, up 13.7% from last year, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $257.4K$230K
-10.7%
2 $260K$262.5K
+1.0%
3 $315K$362K
+14.9%
4 $370K$407.5K
+10.1%
5+ $390K$487.5K
+25.0%

Summary: Wolcott housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.7%, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 25%.

Median Sold Price Compared To Nearby Cities

Terryville
+15.4%
Waterbury
+14.1%
Wolcott
+13.7%
Southington
+8.7%
Plantsville
+7.5%

Housing Supply in Wolcott, CT

How many homes are available in Wolcott, CT?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
6359-6.3%

Summary: The Wolcott real estate market had 59 homes for sale in September 2024, a 6.3% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 22
0.0%
2 1412
-14.3%
3 3934
-12.8%
4 48
+100.0%
5+ 43
-25.0%

Summary: The Wolcott housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 12.8%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1910-47.4%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wolcott, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in Wolcott in September 2024, down by 47.4% month-over-month. Of the 10 sold homes, 30% were sold under asking, 20% were sold at asking, and 50% were sold over asking.

Days on Market for Wolcott, 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 30 Days Ago

Newest Listings in Wolcott, CT

Nearby Markets to Wolcott, CT

What housing markets are near Wolcott, CT?