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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bennington is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Bennington, VT

How much do homes in Bennington, VT cost?

Median Sold Price

$430,000

$199/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

+$190,500(+79.5%)

Key Takeaway

Homes in Bennington have sold for 79.5% more than they did a month ago.

Summary: The median home sold price in Bennington was $430,000 in February 2024, up 79.5% from last month, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 $187.4K-
N/A
3 $239.5K$200K
-16.5%
4 $332.5K$477.5K
+43.6%
5+ --
N/A

Summary: Bennington housing prices by bedroom type for February 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 decreased by 16.5%, 4 bedroom homes increased by 43.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Bennington
+79.5%
North Bennington
-24.9%
Shaftsbury
-25.4%

Housing Supply in Bennington, VT

How many homes are available in Bennington, VT?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2923-20.7%

Summary: The Bennington real estate market had 23 homes for sale in February 2024, a 20.7% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 01
+100.0%
2 22
0.0%
3 158
-46.7%
4 109
-10.0%
5+ 23
+50.0%

Summary: The Bennington housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 46.7%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
95-44.4%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bennington, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Bennington in February 2024, down by 44.4% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for Bennington, 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 27 Days Ago

Newest Listings in Bennington, VT

Nearby Markets to Bennington, VT