Is 05403, VT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 05403 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 05403 has remained a Seller's Market.

Key Takeaway

05403 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 05403, VT

How much do homes in 05403, VT cost?

Median Sold Price

$412,500

$280/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$241,026(-36.9%)

Key Takeaway

Homes in 05403 have sold for 36.9% less than they did a month ago.

Summary: The median home sold price in 05403 was $412,500 in November 2024, down 36.9% from last month, and the median price per square foot was $280.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $371K$292.5K
-21.2%
3 $656K$695K
+5.9%
4 $661.2K$718K
+8.6%
5+ $762.6K-
N/A

Summary: 05403 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 21.2%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

05495
+44.4%
05401
+14.2%
05404
-13.6%
05403
-36.9%

Housing Supply in 05403, VT

How many homes are available in 05403, VT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7463-14.9%

Summary: The 05403 real estate market had 63 homes for sale in November 2024, a 14.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 32
-33.3%
2 2724
-11.1%
3 2725
-7.4%
4 1511
-26.7%
5+ 21
-50.0%

Summary: The 05403 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1724+41.2%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 05403, you could pay more than the asking price. 37.5% of homes here sold above asking price last month.

Summary: A total of 24 homes were sold or pending in 05403 in November 2024, up by 41.2% month-over-month. Of the 24 sold homes, 33% were sold under asking, 29% were sold at asking, and 38% were sold over asking.

Days on Market for 05403, 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 21 Days Ago

Newest Listings in 05403, VT

Nearby Markets to 05403, VT