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Vermont Housing Market $390,132 1.1% 1-yr. The average Vermont home value is $390,132, up 1.1% over the past year and goes to pending in around 17 days.
In October 2024, home prices in Vermont were up 4.9% compared to last year, selling for a median price of $405,700. On average, the number of homes sold was up 3.8% year over year and there were 763 homes sold in October this year, up 735 homes sold in October last year. The median days on the market was 51 days, up 11 year over year. ….
Buying a house in Vermont. Homes in Vermont have a median price of $406,800, which means you’ll need $40,680 for a 10% down payment. Housing costs have increased 3.2% in the past year. When you ...
- What’s The Vermont Housing Market like?
- How Does The Vermont Housing Market Compare to The National Housing Market?
- Vermont Metro Areas with The Hottest Housing Markets
- Higher Mortgage Rates Could Slow Price Growth in Vermont
- Key Market Stats For The Vermont Housing Market
- Vermont Historic Price Changes & Affordability
Home prices in Vermont have appreciated above the national level. Looking back at prices in Sept 2019 compared to Sept 2022, prices have increased by 51% in Vermont VS 38% nationwide. As of Sept 2022, the median price for a home in the state was $365,600, which is up 16.1% above last year’s median price. Looking at the peak of the last three years,...
The Vermont housing market is similar to other markets because supply and demand drive housing prices. Mortgage rates also impact Vermont as the rest of the nation. Vermont does have some differences from other states. Vermont is known as “the greenest state in the nation”, and one of the most picturesque. Vermont attracts people of a very specific...
The state of Vermont has seen explosive growth in housing demand in recent years. Due to the small population, there are not a huge number of sales statewide and citywide. We will look at the cities with the highest increase in the median price year over year. The top with the highest appreciation rate: 1. Swanton 2. Milton 3. Winooski 4. Montpelie...
How will interest rates affect the housing market? We are already experiencing the impact of rising interest rates across the nation. Price growth in Vermont has been flattening or on a slight decline for several months in 2022. However, Vermont is such a high-demand destination that it may very well fare better than the rest of the country. As of ...
As of the latest compiled housing report with data through Sept 2022. 1. Median home price $365,600 - 16.1% up from 2021. 2. Existing home sales: 908 - a 16.8% drop from 2021. 3. Months supply of inventory: 2- unchanged from 2021. 4. Mortgage rates as of Oct 13th are at 7.2%
The Vermont housing market has seen explosive appreciation for years. The last 3 years have been particularly favorable to homeowners as they saw their homes appreciate by 52% in 36 months. The steep rise in home prices and mortgage rates has shrunk affordability to record lows in the state. A 52% spike in home prices and a sharp increase in mortga...
Sep 22, 2021 · According to estimates from Zillow, a Seattle-based real estate data company, the value of a typical single-family home in Vermont is $308,300, closely in line with the national average. Across ...
Sep 2, 2024 · A housing market crash in the Green Mountain State is unlikely. Vermont’s cost of living is $50,761 compared to the national average of $61,334. The median household income in Vermont is $72,431. Vermont’s unemployment rate was 2.1% in July 2024, lower than the national rate of 4.3%.
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05452. Median listing home price: $477K. Listing price per sq ft: $266. 66 Homes for sale. 20 Homes for rent. View More ZIP Codes in Vermont. ZIP Codes.
