Housing in 06716 Wolcott, CT is currently valued at $310,800 which is slightly below the US median value of $338,100. In the last year, the appreciation rate for houses in Wolcott has been 11.76%, higher than the national average of 8.27%. This means that housing prices have increased significantly here which could be a great opportunity for potential homebuyers looking to invest in Wolcott real estate. With its moderately lower than average housing prices and higher than average appreciation rate, Wolcott is an attractive market for those looking to purchase a home.
The median home cost in Wolcott (zip 06716) is $310,800. Home appreciation the last 10 years has been 52.2%. Home Appreciation in Wolcott (zip 06716) is up 13.4%.
Average Age of Homes
- The median age of Wolcott (zip 06716) real estate is 50 years old
The Rental Market in Wolcott (zip 06716)
- Renters make up 11.0% of the Wolcott (zip 06716) population
- 1.2% of houses and apartments in Wolcott (zip 06716), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.