$539,500
0.53 Acres
Land
Josh Bara, Listing Office: KW Vermont
Is Colchester, 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, Colchester has remained a Seller's Market.
Key Takeaway
Colchester is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Colchester, VT
How much do homes in Colchester, VT cost?
Median Sold Price
$525,000
$252/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$81,500(+18.4%)
Key Takeaway
Homes in Colchester have sold for 18.4% more than they did a month ago.
Summary: The median home sold price in Colchester was $525,000 in November 2024, up 18.4% from last month, and the median price per square foot was $252.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $289K | $351K | +21.5% |
| 3 Bedrooms | $502.5K | $525K | +4.5% |
| 4 Bedrooms | $320K | $675K | +110.9% |
| 5+ Bedrooms | - | $10.1M | N/A |
Summary: Colchester 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 increased by 21.5%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 110.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Colchester | $443.5K | $525K | +18.4% |
| Burlington | $492.5K | $515K | +4.6% |
| Essex | $435K | $444K | +2.1% |
| Winooski | $439.9K | $380K | -13.6% |
| South Burlington | $653.5K | $430K | -34.2% |
Housing Supply in Colchester, VT
How many homes are available in Colchester, VT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 46 | 43 | -6.5% |
Summary: The Colchester real estate market had 43 homes for sale in November 2024, a 6.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 13 | 10 | -23.1% |
| 3 Bedrooms | 24 | 22 | -8.3% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Colchester housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 23.1%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 17 | +112.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Colchester, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Colchester in November 2024, up by 112.5% month-over-month. Of the 17 sold homes, 47% were sold under asking, 24% were sold at asking, and 29% were sold over asking.
Days on Market for Colchester, VT
We’re sorry, we don't have information for this market at the moment
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