$5,166 Closing Credit*
$435,000
1,456 SqFt
3 Beds
•2 Full Baths
Stacey Barton, Listing Office: Signature Properties of Vermont
Is Vergennes, 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, Vergennes was a Neutral Market.
Key Takeaway
Vergennes is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Vergennes, VT
How much do homes in Vergennes, VT cost?
Median Sold Price
$405,000
$308/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$152,500(+60.4%)
Key Takeaway
Homes in Vergennes have sold for 60.4% more than they did a month ago.
Summary: The median home sold price in Vergennes was $405,000 in November 2024, up 60.4% from last month, and the median price per square foot was $308.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $405K | N/A |
| 3 Bedrooms | $252.5K | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Vergennes 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Vergennes | $252.5K | $405K | +60.4% |
| Ferrisburgh | $680K | $925K | +36.0% |
Housing Supply in Vergennes, VT
How many homes are available in Vergennes, VT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 14 | +7.7% |
Summary: The Vergennes real estate market had 14 homes for sale in November 2024, a 7.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Vergennes 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 increased by 100%, 3 bedroom homes decreased by 40%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Vergennes, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Vergennes in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Vergennes, VT
We’re sorry, we don't have information for this market at the moment
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