$8,609 Closing Credit*
$725,000
2,800 SqFt
4 Beds
•2 Full Baths, 1 Partial
Brielle Browne, Listing Office: William Pitt Sotheby's Int'l
Is Tolland County, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Tolland County has remained a Seller's Market.
Key Takeaway
Tolland County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Tolland County, CT
How much do homes in Tolland County, CT cost?
Median Sold Price
$359,936
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$29,948(+9.1%)
Key Takeaway
Homes in Tolland County have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in Tolland County was $359,936 in November 2024, up 9.1% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $132K | $165K | +25.0% |
| 2 Bedrooms | $219.9K | $243K | +10.5% |
| 3 Bedrooms | $329.6K | $365K | +10.7% |
| 4 Bedrooms | $426.6K | $430K | +0.8% |
| 5+ Bedrooms | $420K | $465K | +10.7% |
Summary: Tolland County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 10.7%.
Median Sold Price Compared To Nearby Counties
| Hartford County | $315K | $350K | +11.1% |
| New London County | $319.9K | $351.3K | +9.8% |
| Tolland County | $329.9K | $359.9K | +9.1% |
| Windham County | $305.3K | $330K | +8.1% |
| Hampden County | $300.9K | $325.2K | +8.1% |
Housing Supply in Tolland County, CT
How many homes are available in Tolland County, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 424 | 374 | -11.8% |
Summary: The Tolland County real estate market had 374 homes for sale in November 2024, a 11.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 18 | 12 | -33.3% |
| 2 Bedrooms | 57 | 53 | -7.0% |
| 3 Bedrooms | 202 | 170 | -15.8% |
| 4 Bedrooms | 110 | 103 | -6.4% |
| 5+ Bedrooms | 37 | 36 | -2.7% |
Summary: The Tolland County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 7%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes decreased by 2.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 131 | 114 | -13.0% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
75 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tolland County, you could pay more than the asking price. 65.8% of homes here sold above asking price last month.
Summary: A total of 114 homes were sold or pending in Tolland County in November 2024, down by 13.0% month-over-month. Of the 114 sold homes, 23% were sold under asking, 11% were sold at asking, and 66% were sold over asking.
Days on Market for Tolland County, CT
How long does it take to sell a home in Tolland County, CT?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Tolland County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 114 homes were sold in Tolland County; 1% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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