Is 05602, VT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 05602 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 05602 has remained a Seller's Market.

Key Takeaway

05602 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 05602, VT cost?

Median Sold Price

$477,300

$267/sqft

Based on all homes sold in July 2022.

Difference Since Last Month

+$70,800(+17.4%)

Key Takeaway

Homes in 05602 have sold for 17.4% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSJun 2022Jul 2022%
1 --
N/A
2 $379K$314.5K
-17.0%
3 $397K$490K
+23.4%
4 $552.5K$590K
+6.8%
5+ -$870K
N/A

Median Sold Price Compared To Nearby Zip Codes

05602
+17.4%
05651
-45.9%

How many homes are available in 05602, VT?

Number of Homes For Sale

Jun 2022Jul 2022%
4638-17.4%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 00
0.0%
2 1114
+27.3%
3 2312
-47.8%
4 1010
0.0%
5+ 22
0.0%

Number of Homes Sold

Jun 2022Jul 2022%
1315+15.4%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 05602, you could pay more than the asking price. 73.3% of homes here sold above asking price last month.

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

About 05602, VT

There are 38 homes are for sale in 05602, VT real estate market. In July 2022 in 05602, VT there were 17.4% less homes for sale than in June 2022. Between July 2021 and July 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 0% more expensive, 2 bedrooms properties became 17% more cheaper, the cost of 3 bedrooms properties went up by 23.4%, the cost of 4 bedrooms properties went up by 6.8%, prices of 5 bedrooms properties went up by 0%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes did not move, 2 bedrooms homes inventory increased by 27.3%, 3 bedrooms homes became 47.8% less available, number of 4 bedrooms homes remained the same, volume of 5 bedrooms homes stayed the same. In July 2022 more than 11 listings in 05602, VT were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 1 were sold below.