$3,325 Closing Credit*
$280,000
1,776 SqFt
4 Beds
•2 Full Baths
Laurel Houle, Listing Office: Pall Spera Company Realtors-Morrisville
Is Morristown, VT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Morristown was a Neutral Market.
Key Takeaway
Morristown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Morristown, VT
How much do homes in Morristown, VT cost?
Median Sold Price
$690,000
$278/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$352,000(+104.1%)
Key Takeaway
Homes in Morristown have sold for 104.1% more than they did a month ago.
Summary: The median home sold price in Morristown was $690,000 in November 2024, up 104.1% from last month, and the median price per square foot was $278.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $338K | - | N/A |
| 3 Bedrooms | $365K | $690K | +89.0% |
| 4 Bedrooms | - | $685K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Morristown 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 89%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Morristown | $338K | $690K | +104.1% |
| Morrisville | $338K | $690K | +104.1% |
| Stowe | $967.5K | $727.5K | -24.8% |
| Hyde Park | $1.2M | $435K | -64.3% |
Housing Supply in Morristown, VT
How many homes are available in Morristown, VT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 24 | -20.0% |
Summary: The Morristown real estate market had 24 homes for sale in November 2024, a 20.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 17 | 12 | -29.4% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Morristown 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 decreased by 25%, 3 bedroom homes decreased by 29.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Morristown, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Morristown in November 2024, up by 40.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.
Days on Market for Morristown, VT
We’re sorry, we don't have information for this market at the moment
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