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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Berlin is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Berlin, VT

How much do homes in Berlin, VT cost?

Median Sold Price

$430,000

$283/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$46,250(+12.1%)

Key Takeaway

Homes in Berlin have sold for 12.1% more than they did a month ago.

Summary: The median home sold price in Berlin was $430,000 in December 2024, up 12.1% from last month, and the median price per square foot was $283.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $330K$285K
-13.6%
3 $437.5K$445K
+1.7%
4 -$430K
N/A
5+ --
N/A

Summary: Berlin 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 13.6%, 3 bedroom homes increased by 1.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Berlin
+12.1%
Barre
+7.0%
Montpelier
-3.8%
Middlesex
-65.4%

Housing Supply in Berlin, VT

How many homes are available in Berlin, VT?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
86-25.0%

Summary: The Berlin real estate market had 6 homes for sale in December 2024, a 25.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 32
-33.3%
4 11
0.0%
5+ 11
0.0%

Summary: The Berlin 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 33.3%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 3 homes were sold or pending in Berlin in December 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Berlin, 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 14 Days Ago

Newest Listings in Berlin, VT

Nearby Markets to Berlin, VT

What housing markets are near Berlin, VT?