Is Tolland, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tolland is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Tolland was a Neutral Market.

Key Takeaway

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

How much do homes in Tolland, MA cost?

Median Sold Price

$421,700

$270/sqft

Based on all homes sold in August 2022.

Difference Since Last Month

+$224,700(+114.1%)

Key Takeaway

Homes in Tolland have sold for 114.1% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSJul 2022Aug 2022%
1 -$630K
N/A
2 --
N/A
3 $197K$349.8K
+77.6%
4 --
N/A
5+ --
N/A

How many homes are available in Tolland, MA?

Number of Homes For Sale

Jul 2022Aug 2022%
76-14.3%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 11
0.0%
2 00
0.0%
3 65
-16.7%
4 00
0.0%
5+ 00
0.0%

Number of Homes Sold

Jul 2022Aug 2022%
13+200.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tolland, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Average Sale Time

Jul 2022Aug 2022%
23 Days32 Days+42.0%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Tolland are selling fast, if you're buying plan to act quickly.

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

About Tolland, MA

Homes for sale in Tolland, MA have reached 6. The number of listings in Tolland, MA decreased by 14.3% between July 2022 and August 2022. The median list price of listings available in August 2022 was $421,700, while the average time on the real estate market was 32 days. Between August 2021 and August 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 0% more expensive, 2 bedrooms properties prices increased by 0%, 3 bedrooms properties prices increased by 77.6%, the cost of 4 bedrooms properties went up by 0%, 5 bedrooms properties became 0% more expensive. Volume of homes for sale changed: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory did not change, the quantity of 3 bedrooms homes went down by 16.7%, volume of 4 bedrooms homes stayed the same, 5 bedrooms homes inventory did not change. In August 2022 more than 2 listings in Tolland, MA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 0 were sold below.

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