Wolcott, CT 06716 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Wolcott, CT—06716

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$374,000

3.1% YoY Growth

Household Income

$115,000

32.0% YoY Growth

Days on Market

30.0% Longer YoY

Home Price Forecast

3.0%

Median Rent

$2,300

30.6% YoY Growth

1-Bed Rent

$1,550

8.8% YoY Growth

2-Bed Rent

N/A

3-Bed Rent

$2,300

N/A

Home Price Trends — Wolcott, CT

As of Dec '25, the median home price in Wolcott, CT is $374,000, with a year-over-year change of 3.1%. This indicates that home prices in Wolcott, CT are increasing. According to Zillow, the 1-year price projection is 3.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$374,000	3.1%
Single Family	$377,000	2.7%
Condos	$308,000	7.7%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Wolcott, CT

As of July '25, Rentcast reports the average rent in Wolcott, CT is $2,220, with a year-over-year rent change of 30.6%. Per bedroom, the median rent as of July '25 in Wolcott, CT is 1-bedrooms: $1,550, 3-bedrooms: $2,550. The most common rental property sizes in Wolcott, CT are 3-bedroom and 1-bedroom, accounting for 39.0% and 26.3% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,300	$2,220
Studio Rent	N/A	N/A
1 Bed Rent	$1,550	$1,550
2 Bed Rent	N/A	N/A
3 Bed Rent	$2,300	$2,550
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

6.0%

1 Bedroom

26.3%

2 Bedrooms

1.4%

3 Bedrooms

39.0%

4 Bedrooms

10.9%

5+ Bedrooms

16.4%

Property Listings — Wolcott, CT

As of Dec '25, Realtor.com reports that the median days on market for a home in Wolcott, CT is 71. This is a increase of 29.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 12.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$460,000	12.0%
Listing Count	55	-3.0%
Listings as % of Homes	0.6%	-3.0%
Days on Market	90	30.0%

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Demographics — Wolcott, CT

As of the latest ACS Survey released in 2023, Wolcott, CT has a population of 16,100, which has decreased by -3.6% over the past 5 years. Wolcott, CT is a moderately popular place for families, as children make up 20.0% of the population. The area has a moderately educated workforce, with 36.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	16,100	-3.6%
% Under 18	20.0%	-2.9%
% Seniors	18.9%	6.2%
% WFH	10.6%	241.9%
% w/ College Degree	36.5%	29.0%

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As of the latest ACS Survey released in 2023, Wolcott, CT is a predominantly white area, with 84.3% of the population identifying as white. The white population has shrunk by 4.1% in the last 5 years. The second most common race or ethnicity in Wolcott, CT is black, making up 4.3% of the population. Foreign-born residents account for 5.4% of the population in Wolcott, CT, and this percentage has decreased by 28.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	84.3%	-4.1%
% Black	4.3%	48.3%
% Hispanic	3.5%	-46.2%
% Asian	0.9%	-40.0%
% Foreign Born	5.4%	-28.0%

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Mortgage and Risk — Wolcott, CT

According to HUD data as of 2023, there were 402 mortgage originations in Wolcott, CT, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Wolcott, CT. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	402
% Conventional Loans	83.0%
% Government Loans	17.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Wolcott, CT

Wolcott, CT lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	250
Total Units Section 8	172
% Rentals under Section 8	21.7%
% Occupied Section 8	98.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$240	$1,550	$1,790
2 Bedroom	N/A	N/A	$2,170
3 Bedroom	$540	$2,300	$2,840
4 Bedroom	N/A	N/A	$3,440

Wolcott, CT—06716

Key Metrics at a Glance

Home Price Trends — Wolcott, CT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Wolcott, CT

% of Rental Stock

Property Listings — Wolcott, CT

Demographics — Wolcott, CT

Race and Ethnicity

Mortgage and Risk — Wolcott, CT

Mortgages

Rentals and Section 8 — Wolcott, CT

Section 8 Market Size

Section 8 Opportunity

Affordability — Wolcott, CT

Home Price to Income Ratio

Wolcott, CT — ZIP Code Boundary Map

Nearby ZIP Codes

Waterbury, CT

Marion

Waterbury, CT

Southington, CT

Waterbury, CT

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.7
Median Home Price	$374,000
Median Household Income	$115,000

Wolcott, CT—06716

Key Metrics at a Glance

Home Price Trends — Wolcott, CT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Wolcott, CT

% of Rental Stock

Property Listings — Wolcott, CT

Demographics — Wolcott, CT

Race and Ethnicity

Mortgage and Risk — Wolcott, CT

Mortgages

Rentals and Section 8 — Wolcott, CT

Section 8 Market Size

Section 8 Opportunity

Affordability — Wolcott, CT

Home Price to Income Ratio

Wolcott, CT — ZIP Code Boundary Map

Nearby ZIP Codes

Waterbury, CT

Marion

Waterbury, CT

Southington, CT

Waterbury, CT

Frequently Asked Questions

What is the average home price in Wolcott, CT 06716?

How have home prices in Wolcott, CT 06716 changed over the past year?

What is the home price projection for Wolcott, CT 06716?

What are the demographics of Wolcott, CT 06716?

How long does it take homes to sell in Wolcott, CT 06716?

What is the average rent price in Wolcott, CT 06716?