Housing Prices in Norwich, VT

How much do homes in Norwich, VT cost?

Median List Price

$925,000

$394/sqft

Based on all homes listed in October 2024.

Difference Since Last Month

-$507,500(-35.4%)

Key Takeaway

The list price of homes in Norwich has decreased by 35.4% since September.

Summary: The median home list price in Norwich was $925,000 in October 2024, down 35.4% from the previous month, and the median price per square foot was $394.

Median List Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$500K
N/A
3 $1.5M$649K
-58.7%
4 $1.1M$1.1M
0.0%
5+ $3.7M$3.7M
0.0%

Summary: Norwich housing prices by bedroom type for October 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 58.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Hanover
+16.8%
Lebanon
-7.3%
Norwich
-35.4%
East Thetford
-39.0%

Housing Supply in Norwich, VT

How many homes are available in Norwich, VT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
45+25.0%

Summary: The Norwich real estate market had 5 homes for sale in October 2024, a 25.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 11
0.0%
4 22
0.0%
5+ 11
0.0%

Summary: The Norwich housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Norwich, VT

How long does it take to sell a home in Norwich, VT?

Average Listing Age

Sep 2024Oct 2024CHANGE
40 Days44 Days+11.0%

Summary: Homes in Norwich had an average listing age of 44 days in Oct 2024, up by 11% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

Newest Listings in Norwich, VT

Nearby Markets to Norwich, VT

What housing markets are near Norwich, VT?