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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jericho is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Jericho, VT

How much do homes in Jericho, VT cost?

Median Sold Price

$702,000

$328/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$303,000(+75.9%)

Key Takeaway

Homes in Jericho have sold for 75.9% more than they did a month ago.

Summary: The median home sold price in Jericho was $702,000 in November 2024, up 75.9% from last month, and the median price per square foot was $328.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $390K-
N/A
3 $547K$702K
+28.3%
4 -$975K
N/A
5+ -$540K
N/A

Summary: Jericho 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 28.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Jericho
+75.9%
Essex
+2.1%

Housing Supply in Jericho, VT

How many homes are available in Jericho, VT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1512-20.0%

Summary: The Jericho real estate market had 12 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 97
-22.2%
4 33
0.0%
5+ 21
-50.0%

Summary: The Jericho 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 remained the same, 3 bedroom homes decreased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jericho, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Jericho in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Jericho, 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 17 Days Ago

Newest Listings in Jericho, VT

Nearby Markets to Jericho, VT