Is Manchester Center, VT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Manchester Center has remained a Seller'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
$785,000
$229/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Manchester Center have sold for 35.9% more than they did a month ago.
Summary: The median home sold price in Manchester Center was $785,000 in May 2024, up 35.9% from last month, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $299K | - | N/A |
| 2 Bedrooms | $480K | - | N/A |
| 3 Bedrooms | $755K | $545K | -27.8% |
| 4 Bedrooms | $800K | $785K | -1.9% |
| 5+ Bedrooms | - | $1.3M | N/A |
Summary: Manchester Center housing prices by bedroom type for May 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 27.8%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Manchester Center | $577.5K | $785K | +35.9% |
| Dorset | $1.1M | $1.3M | +22.7% |
| Bondville | $828.5K | $602.8K | -27.2% |
Housing Supply in Manchester Center, VT
How many homes are available in Manchester Center, VT?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 16 | 21 | +31.3% |
Summary: The Manchester Center real estate market had 21 homes for sale in May 2024, a 31.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 3 | 9 | +200.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Manchester Center housing inventory by bedroom type for May 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 remained the same, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Manchester Center, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Manchester Center in May 2024, down by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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
© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.