Is Manchester Center, VT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Manchester Center is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Manchester Center was a Buyer's Market.

Key Takeaway

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

Housing Prices in Manchester Center, VT

How much do homes in Manchester Center, VT cost?

Median Sold Price

$587,500

$274/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$48,500(+9.0%)

Key Takeaway

Homes in Manchester Center have sold for 9% more than they did a month ago.

Summary: The median home sold price in Manchester Center was $587,500 in March 2024, up 9% from last month, and the median price per square foot was $274.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 -$495K
N/A
3 $539K$662.5K
+22.9%
4 -$675K
N/A
5+ --
N/A

Summary: Manchester Center 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 22.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Dorset
+9.8%
Manchester Center
+9.0%
Manchester
-24.8%

Housing Supply in Manchester Center, VT

How many homes are available in Manchester Center, VT?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
20200.0%

Summary: The Manchester Center real estate market had 20 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 22
0.0%
2 64
-33.3%
3 56
+20.0%
4 23
+50.0%
5+ 55
0.0%

Summary: The Manchester Center 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 33.3%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Manchester Center, 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 Manchester Center in March 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Manchester Center, 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 Manchester Center, VT

Nearby Markets to Manchester Center, VT