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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Morrisville is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Morrisville was a Neutral Market.

Key Takeaway

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

Housing Prices in Morrisville, VT

How much do homes in Morrisville, 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 Morrisville have sold for 104.1% more than they did a month ago.

Summary: The median home sold price in Morrisville 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

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $338K-
N/A
3 $365K$690K
+89.0%
4 -$685K
N/A
5+ --
N/A

Summary: Morrisville 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

Morrisville
+104.1%
Morristown
+104.1%

Housing Supply in Morrisville, VT

How many homes are available in Morrisville, VT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3024-20.0%

Summary: The Morrisville 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

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 1712
-29.4%
4 77
0.0%
5+ 22
0.0%

Summary: The Morrisville 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 2024Nov 2024CHANGE
57+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Morrisville, 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 Morrisville 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 Morrisville, 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 21 Days Ago

Newest Listings in Morrisville, VT

Nearby Markets to Morrisville, VT

What housing markets are near Morrisville, VT?