Is Manchester Center, VT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Manchester Center is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Manchester Center was a Buyer's Market.

Key Takeaway

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

Housing Prices in Manchester Center, VT

How much do homes in Manchester Center, VT cost?

Median Sold Price

$504,000

$300/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$127,325(+33.8%)

Key Takeaway

Homes in Manchester Center have sold for 33.8% more than they did a month ago.

Summary: The median home sold price in Manchester Center was $504,000 in December 2024, up 33.8% from last month, and the median price per square foot was $300.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 -$429.2K
N/A
3 $376.6K$375K
-0.4%
4 -$900K
N/A
5+ -$750K
N/A

Summary: Manchester Center 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 did not change, 3 bedroom homes decreased by 0.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Dorset
+184.9%
Manchester Center
+33.8%
Bondville
+15.1%

Housing Supply in Manchester Center, VT

How many homes are available in Manchester Center, VT?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2526+4.0%

Summary: The Manchester Center real estate market had 26 homes for sale in December 2024, a 4.0% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 55
0.0%
3 87
-12.5%
4 68
+33.3%
5+ 66
0.0%

Summary: The Manchester Center 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 remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer80%20%

Key Takeaway

If you're buying a home in Manchester Center, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Manchester Center in December 2024, up by 150.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.

Days on Market for Manchester Center, 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 9 Days Ago

Newest Listings in Manchester Center, VT

Nearby Markets to Manchester Center, VT