Is 05860, VT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 05860 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 05860 has remained a Seller's Market.

Key Takeaway

05860 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 05860, VT

How much do homes in 05860, VT cost?

Median Sold Price

$527,500

$199/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$251,750(+91.3%)

Key Takeaway

Homes in 05860 have sold for 91.3% more than they did a month ago.

Summary: The median home sold price in 05860 was $527,500 in March 2024, up 91.3% from last month, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $275.7K-
N/A
3 -$527.5K
N/A
4 --
N/A
5+ --
N/A

Summary: 05860 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

05855
+132.0%
05860
+91.3%
05822
+39.1%
05845
-5.0%

Housing Supply in 05860, VT

How many homes are available in 05860, VT?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
119-18.2%

Summary: The 05860 real estate market had 9 homes for sale in March 2024, a 18.2% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 55
0.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The 05860 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 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 05860, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 05860 in March 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 05860, 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 30 Days Ago

Newest Listings in 05860, VT

Nearby Markets to 05860, VT