Is 05859, VT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 05859 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 05859 was a Buyer's Market.

Key Takeaway

05859 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 05859, VT

How much do homes in 05859, VT cost?

Median Sold Price

$447,000

$212/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$210,500(+89.0%)

Key Takeaway

Homes in 05859 have sold for 89% more than they did a month ago.

Summary: The median home sold price in 05859 was $447,000 in March 2024, up 89% from last month, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $236.5K$400K
+69.1%
3 -$494K
N/A
4 --
N/A
5+ --
N/A

Summary: 05859 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 increased by 69.1%, 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

05476
+171.4%
05859
+89.0%

Housing Supply in 05859, VT

How many homes are available in 05859, VT?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2017-15.0%

Summary: The 05859 real estate market had 17 homes for sale in March 2024, a 15.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 22
0.0%
2 75
-28.6%
3 88
0.0%
4 12
+100.0%
5+ 20
-100.0%

Summary: The 05859 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 28.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 05859, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 05859 in March 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for 05859, 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 05859, VT

Nearby Markets to 05859, VT