Tolland County Housing Market Report February 2025Tolland County, Connecticut

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Housing Prices in Tolland County, CT

How much do homes in Tolland County, CT cost?

Housing Market Conditions

Is Tolland County, CT a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Tolland County is a Seller's Market

Difference Since February 2024

Since last year, Tolland County has remained a Seller's Market.

Insight

Tolland County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$364,900$206/SqFt
+$26,962
+8.0%

Based on all homes sold in the last 12 months

Insight

Homes in Tolland County have sold for 8% more than they did a year ago.

Summary: The median home sold price in Tolland County was $364,900 in February 2025, up 8% from last year, and the median price per square foot was $206.

Median Sold Price By Counties

Median Sold Price By Counties
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
New London County
+11.0%
Hartford County
+9.3%
Tolland County
+8.0%
Windham County
+7.9%
Hampden County
+7.8%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$132K$165K
+25.0%
2$215K$254.5K
+18.4%
3$335.5K$370K
+10.3%
4$421.3K$440K
+4.4%
5$440K$436K
-0.9%

Summary: Tolland County housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +25.0%. The home price for 2 bedroom homes increased by +18.4%. The home price for 3 bedroom homes increased by +10.3%. The home price for 4 bedroom homes increased by +4.4%. The home price for 5 bedroom homes decreased by -0.9%.

How does Tolland County, CT compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Tolland County, CT

Housing supply in Tolland County, CT

How many homes are available in Tolland County, CT?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
252Last MonthFeb 2025
2782 months agoJan 2025
-9.4 %
Change MoMJan – Feb

Summary: The Tolland County real estate market had 252 homes for sale in Feb 2025, a 9.4 % decrease compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
59Last MonthFeb 2025
842 months agoJan 2025
-29.8 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
11110
-9.1%
23939
0.0%
3123113
-8.1%
48374
-10.8%
52216
-27.3%

Summary: Tolland County housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -9.1%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -8.1%. The inventory for 4 bedroom homes decreased by -10.8%. The inventory for 5 bedroom homes decreased by -27.3%.

Asking Price vs. Sold Price

How much do homes in Tolland County, CT cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price31 Homes

At Asking Price9 Homes

Under Asking Price19 Homes

Insight

If you're buying a home in Tolland County, you could pay more than the asking price. 52.5% of homes here sold above asking price last month.

Summary: A total of 59 homes were sold or pending in Tolland County in February 2025, down by 29.8% month-over-month. Of the 59 sold homes, 32% were sold under asking, 15% were sold at asking, and and 53% 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

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

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

Summary: During February 2025, 59 homes were sold in Tolland County; 2% 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.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
21 DaysThis YearFeb 2025
42 Days1 year agoFeb 2024
-50.8 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Tolland County had an average listing age of 21 days in Feb 2025, down by 50.8% compared to the previous year.

Newest Listings in Tolland County, CT

What homes are available in Tolland County, CT?

MLS Disclaimers and Copyright

Based on information from SmartMLS, and MLS Property Information Network Inc. for the period 03/01/2023 - 03/01/2025

IDXCopyright © 2025 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 10:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 10:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.