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 December 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

$363,500

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$38,500(+11.8%)

Key Takeaway

Homes in Wolcott have sold for 11.8% more than they did a year ago.

Summary: The median home sold price in Wolcott was $363,500 in December 2024, up 11.8% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $425K$245K
-42.4%
2 $260.5K$266.2K
+2.2%
3 $320K$365K
+14.1%
4 $385K$507.5K
+31.8%
5+ $392.5K$455K
+15.9%

Summary: Wolcott housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 42.4%, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 31.8%, and 5+ bedroom homes increased by 15.9%.

Median Sold Price Compared To Nearby Cities

Wolcott
+11.8%
Plantsville
+10.6%
Waterbury
+10.2%
Terryville
+9.8%
Southington
+8.9%

Housing Supply in Wolcott, CT

How many homes are available in Wolcott, CT?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
7363-13.7%

Summary: The Wolcott real estate market had 63 homes for sale in December 2024, a 13.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 45
+25.0%
2 88
0.0%
3 4838
-20.8%
4 1010
0.0%
5+ 32
-33.3%

Summary: The Wolcott housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1722+29.4%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wolcott, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Wolcott in December 2024, up by 29.4% month-over-month. Of the 22 sold homes, 50% were sold under asking, 14% were sold at asking, and 36% 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 4 Days Ago

Newest Listings in Wolcott, CT

Nearby Markets to Wolcott, CT

What housing markets are near Wolcott, CT?