Is Wolcott, NY 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 November 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, NY

How much do homes in Wolcott, NY cost?

Median Sold Price

$196,950

$123/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$550(-0.3%)

Key Takeaway

The sold price of homes in Wolcott has remained the same since last year.

Summary: The median home sold price in Wolcott was $196,950 in November 2024, down 0.3% from last year, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$118.5K
N/A
2 $172.7K$372.5K
+115.7%
3 $180K$235K
+30.6%
4 $232.5K$170K
-26.9%
5+ $244.9K$211K
-13.8%

Summary: Wolcott housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 115.7%, 3 bedroom homes increased by 30.6%, 4 bedroom homes decreased by 26.9%, and 5+ bedroom homes decreased by 13.8%.

Housing Supply in Wolcott, NY

How many homes are available in Wolcott, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2423-4.2%

Summary: The Wolcott real estate market had 23 homes for sale in November 2024, a 4.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 13
+200.0%
2 33
0.0%
3 1212
0.0%
4 65
-16.7%
5+ 20
-100.0%

Summary: The Wolcott housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 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 6 homes were sold or pending in Wolcott in November 2024, down by 25.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Wolcott, NY

How long does it take to sell a home in Wolcott, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
32 Days24 Days-24.0%

Summary: Homes in Wolcott had an average of 24 days on market in Nov 2024, down by 24% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 6 homes were sold in Wolcott; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 2 Days Ago

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