Is 05001, VT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 05001 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 05001 has remained a Seller's Market.

Key Takeaway

05001 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 05001, VT

How much do homes in 05001, VT cost?

Median Sold Price

$565,000

$248/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

+$217,000(+62.4%)

Key Takeaway

Homes in 05001 have sold for 62.4% more than they did a month ago.

Summary: The median home sold price in 05001 was $565,000 in February 2024, up 62.4% from last month, and the median price per square foot was $248.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 $150K-
N/A
2 $249K-
N/A
3 $389K$489.5K
+25.8%
4 $353.5K$600K
+69.7%
5+ $910K-
N/A

Summary: 05001 housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 25.8%, 4 bedroom homes increased by 69.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

05001
+62.4%
03784
-30.8%

Housing Supply in 05001, VT

How many homes are available in 05001, VT?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
3230-6.3%

Summary: The 05001 real estate market had 30 homes for sale in February 2024, a 6.3% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 10
-100.0%
2 45
+25.0%
3 1714
-17.6%
4 811
+37.5%
5+ 20
-100.0%

Summary: The 05001 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
107-30.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 05001, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in 05001 in February 2024, down by 30.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.

Days on Market for 05001, VT

We’re sorry, we don't have information for this market at the moment

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

Report Updated 28 Days Ago

Newest Listings in 05001, VT

Nearby Markets to 05001, VT