$1,176 Closing Credit*
$99,000
556 SqFt
1 Bed
•1 Full Bath
Julie Buffum, Listing Office: Buffum Realty
Is Springfield, VT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Springfield has remained a Neutral Market.
Key Takeaway
Springfield is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Springfield, VT
How much do homes in Springfield, VT cost?
Median Sold Price
$218,900
$161/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$71,100(-24.5%)
Key Takeaway
Homes in Springfield have sold for 24.5% less than they did a month ago.
Summary: The median home sold price in Springfield was $218,900 in November 2024, down 24.5% from last month, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $239K | $190K | -20.5% |
| 3 Bedrooms | $327.5K | - | N/A |
| 4 Bedrooms | $345K | $232.8K | -32.5% |
| 5+ Bedrooms | $240K | - | N/A |
Summary: Springfield 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 decreased by 20.5%, 3 bedroom homes did not change, 4 bedroom homes decreased by 32.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Claremont | $214.9K | $300K | +39.6% |
| Charlestown | $255K | $352.5K | +38.2% |
| Springfield | $290K | $218.9K | -24.5% |
Housing Supply in Springfield, VT
How many homes are available in Springfield, VT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 | 40 | -4.8% |
Summary: The Springfield real estate market had 40 homes for sale in November 2024, a 4.8% 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 | 8 | 7 | -12.5% |
| 3 Bedrooms | 18 | 16 | -11.1% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Springfield 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 12.5%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Springfield, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Springfield in November 2024, down by 14.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Springfield, VT
We’re sorry, we don't have information for this market at the moment
© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.