Is 05751, VT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 05751 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 05751 was a Buyer's Market.

Key Takeaway

05751 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 05751, VT

How much do homes in 05751, VT cost?

Median Sold Price

$305,000

$427/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$75,000(-19.7%)

Key Takeaway

Homes in 05751 have sold for 19.7% less than they did a month ago.

Summary: The median home sold price in 05751 was $305,000 in March 2024, down 19.7% from last month, and the median price per square foot was $427.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 -$305K
N/A
2 $255K$240K
-5.9%
3 $429K$897.5K
+109.2%
4 --
N/A
5+ --
N/A

Summary: 05751 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 decreased by 5.9%, 3 bedroom homes increased by 109.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

05701
+9.3%
05751
-19.7%

Housing Supply in 05751, VT

How many homes are available in 05751, VT?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3051+70.0%

Summary: The 05751 real estate market had 51 homes for sale in March 2024, a 70.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 1123
+109.1%
2 811
+37.5%
3 813
+62.5%
4 34
+33.3%
5+ 00
0.0%

Summary: The 05751 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 109.1%, 2 bedroom homes increased by 37.5%, 3 bedroom homes increased by 62.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
39+200.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 05751, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 05751 in March 2024, up by 200.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% were sold over asking.

Days on Market for 05751, 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 25 Days Ago

Newest Listings in 05751, VT

Nearby Markets to 05751, VT