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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wilmington is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Wilmington was a Buyer's Market.

Key Takeaway

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

Housing Prices in Wilmington, VT

How much do homes in Wilmington, VT cost?

Median Sold Price

$407,250

$220/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$369,125(-47.5%)

Key Takeaway

Homes in Wilmington have sold for 47.5% less than they did a month ago.

Summary: The median home sold price in Wilmington was $407,250 in November 2024, down 47.5% from last month, and the median price per square foot was $220.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$360K
N/A
3 -$331K
N/A
4 $1.4M$375K
-74.0%
5+ $623.8K$637.5K
+2.2%

Summary: Wilmington 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 decreased by 74%, and 5+ bedroom homes increased by 2.2%.

Median Sold Price Compared To Nearby Cities

Dover
+35.4%
West Dover
+33.7%
Wilmington
-47.5%

Housing Supply in Wilmington, VT

How many homes are available in Wilmington, VT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3229-9.4%

Summary: The Wilmington real estate market had 29 homes for sale in November 2024, a 9.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1013
+30.0%
4 96
-33.3%
5+ 96
-33.3%

Summary: The Wilmington 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 remained the same, 3 bedroom homes increased by 30%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
412+200.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wilmington, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Wilmington in November 2024, up by 200.0% month-over-month. Of the 12 sold homes, 83% were sold under asking, 8% were sold at asking, and 8% were sold over asking.

Days on Market for Wilmington, 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 17 Days Ago

Newest Listings in Wilmington, VT

Nearby Markets to Wilmington, VT

What housing markets are near Wilmington, VT?