City:
Tolland is a city in the state of connecticut with a population of roughly 14,713. It is in Tolland County, Connecticut the Hartford-West Hartford-East Hartford, CT core-based statistical areas (CBSA), and the Hartford-West Hartford, CT combined statistical area (CSA).Its Zip codes include 06084 .
Real estate in Tolland, CT is a hot commodity. With a population of just over 30,000 people, the town is growing quickly and there is a lot of demand for homes. The median home price in Tolland was $269,500 as of May 2017, which is significantly higher than the statewide median home price of $179,900. In addition to the high prices, there are also many available homes in Tolland. There were an estimated 97 homes for sale as of May 2017 and only 10% of those were listed at more than $300,000.
One reason why real estate in Tolland is so popular is that it offers a lot of amenities for residents. The town has excellent schools (including two private schools), plenty of shopping and dining options (including several restaurants that have received accolades from national publications), and easy access to major highways and transportation hubs. Additionally, Tolland has been designated as a “smart growth” community by the Connecticut Department of Energy & Environmental Protection which means that it has been planned with future growth in mind. This means that new development will be limited and there will be plenty of green space available for residents to enjoy.
Despite all these benefits, some potential home buyers may be hesitant to buy property in Tolland because they don’t feel like they can afford it. However, if you are prepared to make some sacrifices (e.g., downsizing your living space or moving to a less expensive area), you should be able to find an affordable home in this desirable town.
Price Index: Hartford-East Hartford-Middletown, CT