Is 05478, VT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 05478 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 05478 was a Neutral Market.

Key Takeaway

05478 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 05478, VT

How much do homes in 05478, VT cost?

Median Sold Price

$388,000

$224/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$41,125(+11.9%)

Key Takeaway

Homes in 05478 have sold for 11.9% more than they did a month ago.

Summary: The median home sold price in 05478 was $388,000 in December 2024, up 11.9% from last month, and the median price per square foot was $224.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $330K$324.9K
-1.5%
3 $373.1K$396.5K
+6.2%
4 -$514.5K
N/A
5+ -$249K
N/A

Summary: 05478 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.5%, 3 bedroom homes increased by 6.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

05478
+11.9%
05488
+10.7%

Housing Supply in 05478, VT

How many homes are available in 05478, VT?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4740-14.9%

Summary: The 05478 real estate market had 40 homes for sale in December 2024, a 14.9% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 139
-30.8%
3 2619
-26.9%
4 610
+66.7%
5+ 22
0.0%

Summary: The 05478 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 30.8%, 3 bedroom homes decreased by 26.9%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
715+114.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 05478, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in 05478 in December 2024, up by 114.3% month-over-month. Of the 15 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for 05478, 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 2 Days Ago

Newest Listings in 05478, VT

Nearby Markets to 05478, VT