$350,000
2.00 Acres
Land
Sarah Peluso, Listing Office: IPJ Real Estate
Is Charlotte, 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, Charlotte has remained a Seller's Market.
Key Takeaway
Charlotte is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Charlotte, VT
How much do homes in Charlotte, VT cost?
Median Sold Price
$2,277,000
$485/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$1,402,000(+160.2%)
Key Takeaway
Homes in Charlotte have sold for 160.2% more than they did a month ago.
Summary: The median home sold price in Charlotte was $2,277,000 in November 2024, up 160.2% from last month, and the median price per square foot was $485.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $815K | - | N/A |
| 2 Bedrooms | - | $660K | N/A |
| 3 Bedrooms | $935K | $1.7M | +88.1% |
| 4 Bedrooms | $1.0M | $3.5M | +223.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: Charlotte 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 88.1%, 4 bedroom homes increased by 223.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Charlotte | $875K | $2.2M | +160.2% |
| Hinesburg | $471K | $1.1M | +145.2% |
| North Ferrisburgh | $558.5K | $925K | +65.6% |
| Ferrisburgh | $680K | $925K | +36.0% |
Housing Supply in Charlotte, VT
How many homes are available in Charlotte, VT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 13 | -31.6% |
Summary: The Charlotte real estate market had 13 homes for sale in November 2024, a 31.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Charlotte housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Charlotte, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Charlotte in November 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Charlotte, VT
We’re sorry, we don't have information for this market at the moment
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