Is 05408, VT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 05408 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 05408 was a Neutral Market.

Key Takeaway

05408 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 05408, VT

How much do homes in 05408, VT cost?

Median Sold Price

$442,700

$298/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$17,700(+4.2%)

Key Takeaway

Homes in 05408 have sold for 4.2% more than they did a month ago.

Summary: The median home sold price in 05408 was $442,700 in November 2024, up 4.2% from last month, and the median price per square foot was $298.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $400K$412.5K
+3.1%
3 $450K$418K
-7.1%
4 -$467.4K
N/A
5+ --
N/A

Summary: 05408 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 increased by 3.1%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

05446
+18.4%
05401
+14.2%
05482
+6.8%
05408
+4.2%

Housing Supply in 05408, VT

How many homes are available in 05408, VT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3326-21.2%

Summary: The 05408 real estate market had 26 homes for sale in November 2024, a 21.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 137
-46.2%
3 1514
-6.7%
4 44
0.0%
5+ 00
0.0%

Summary: The 05408 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 46.2%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 05408, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 05408 in November 2024, up by 20.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 05408, 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 05408, VT

Nearby Markets to 05408, VT