Is 05488, VT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 05488 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 05488 was a Buyer's Market.

Key Takeaway

05488 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 05488, VT

How much do homes in 05488, VT cost?

Median Sold Price

$349,900

$209/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$42,400(+13.8%)

Key Takeaway

Homes in 05488 have sold for 13.8% more than they did a month ago.

Summary: The median home sold price in 05488 was $349,900 in November 2024, up 13.8% from last month, and the median price per square foot was $209.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $289K-
N/A
3 $415K$349.9K
-15.7%
4 $307.5K-
N/A
5+ --
N/A

Summary: 05488 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 did not change, 3 bedroom homes decreased by 15.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

05440
+94.7%
05488
+13.8%
05478
+9.4%

Housing Supply in 05488, VT

How many homes are available in 05488, VT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
35350.0%

Summary: The 05488 real estate market had 35 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 56
+20.0%
3 2120
-4.8%
4 77
0.0%
5+ 22
0.0%

Summary: The 05488 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 increased by 20%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 05488, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 05488 in November 2024, up by 40.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.

Days on Market for 05488, 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 05488, VT

Nearby Markets to 05488, VT