Is 05089, VT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 05089 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 05089 was a Seller's Market.

Key Takeaway

05089 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 05089, VT

How much do homes in 05089, VT cost?

Median Sold Price

$283,000

$280/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$69,000(-19.6%)

Key Takeaway

Homes in 05089 have sold for 19.6% less than they did a month ago.

Summary: The median home sold price in 05089 was $283,000 in March 2024, down 19.6% from last month, and the median price per square foot was $280.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 $130K-
N/A
2 $352K-
N/A
3 $405K-
N/A
4 -$283K
N/A
5+ --
N/A

Summary: 05089 housing prices by bedroom type for March 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

05037
+25.4%
05089
-19.6%

Housing Supply in 05089, VT

How many homes are available in 05089, VT?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1614-12.5%

Summary: The 05089 real estate market had 14 homes for sale in March 2024, a 12.5% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 64
-33.3%
3 32
-33.3%
4 34
+33.3%
5+ 33
0.0%

Summary: The 05089 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
51-80.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 05089, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 05089 in March 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 05089, 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 19 Days Ago

Newest Listings in 05089, VT

Nearby Markets to 05089, VT