Is 05851, VT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 05851 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 05851 was a Seller's Market.

Key Takeaway

05851 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 05851, VT

How much do homes in 05851, VT cost?

Median Sold Price

$314,975

$177/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$64,975(+26.0%)

Key Takeaway

Homes in 05851 have sold for 26% more than they did a month ago.

Summary: The median home sold price in 05851 was $314,975 in March 2024, up 26% from last month, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $250K$314.9K
+26.0%
4 --
N/A
5+ --
N/A

Summary: 05851 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 increased by 26%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 05851, VT

How many homes are available in 05851, VT?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1718+5.9%

Summary: The 05851 real estate market had 18 homes for sale in March 2024, a 5.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 11
0.0%
3 1415
+7.1%
4 11
0.0%
5+ 00
0.0%

Summary: The 05851 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 remained the same, 3 bedroom homes increased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 05851, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 05851 in March 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 05851, 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 24 Days Ago

Newest Listings in 05851, VT

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