$6,531 Closing Credit*
$550,000
1,434 SqFt
2 Beds
•2 Full Baths
Kevin Casey, Listing Office: Green Light Real Estate
Is 05602, 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, 05602 has remained a Seller's Market.
Key Takeaway
05602 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 05602, VT
How much do homes in 05602, VT cost?
Median Sold Price
$414,000
$278/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$29,000(-6.5%)
Key Takeaway
Homes in 05602 have sold for 6.5% less than they did a month ago.
Summary: The median home sold price in 05602 was $414,000 in November 2024, down 6.5% from last month, and the median price per square foot was $278.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $319K | N/A |
| 2 Bedrooms | $288.5K | - | N/A |
| 3 Bedrooms | $361K | $435K | +20.5% |
| 4 Bedrooms | $575K | $414K | -28.0% |
| 5+ Bedrooms | - | $3.2M | N/A |
Summary: 05602 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 increased by 20.5%, 4 bedroom homes decreased by 28%, and 5+ bedroom homes did not change.
Housing Supply in 05602, VT
How many homes are available in 05602, VT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 27 | -28.9% |
Summary: The 05602 real estate market had 27 homes for sale in November 2024, a 28.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 6 | 2 | -66.7% |
| 3 Bedrooms | 16 | 12 | -25.0% |
| 4 Bedrooms | 8 | 5 | -37.5% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 05602 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 66.7%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 05602, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in 05602 in November 2024, down by 12.5% month-over-month. Of the 7 sold homes, 14% were sold under asking, 14% were sold at asking, and 71% were sold over asking.
Days on Market for 05602, VT
We’re sorry, we don't have information for this market at the moment
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