Vermont started 2024 with a total of 824 single-family homes on the market, with a median home price of $515,000 and an average price per square foot of $306.11. By the end of the year, inventory had increased to 1,287 homes on the market (+56%), with a median home price of $505,000 (-2%), and an average price per square foot of $311 (+2%).
At the start of 2024, the median days on market (DOM) was 84 days – by the end of the year, median DOM had increased to 98 days.
Vermont started the year with 24.27% of homes taking a price cut. (For reference, 35% is the national average for price reductions in a "normal" year.) By the end of the year, about 31.24% of homes for sale had taken a price cut.
