Montpelier, VT Housing Market
The Montpelier housing market is very competitive. The median sale price of a home in Montpelier was $492K last month, up 78.6% since last year. The median sale price per square foot in Montpelier is $209, down 25.6% since last year.
Montpelier Housing Market Trends
In September 2024, Montpelier home prices were up 78.6% compared to last year, selling for a median price of $492K. On average, homes in Montpelier sell after 27 days on the market compared to 7 days last year. There were 7 homes sold in September this year, up from 5 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Montpelier housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% below list price and go pending in around 9 days.
- Hot homescan sell for about 1% above list price and go pending in around 5 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Some homes get multiple offers.
- The average homes sell for about 1% above list price and go pending in around 25 days.
- Hot homescan sell for about 8% above list price and go pending in around 5 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% below list price and go pending in around 27 days.
- Hot homescan sell for about 4% above list price and go pending in around 7 days.
Montpelier Migration & Relocation Trends
- Across the nation, 0.18% of homebuyers searched to move into Montpelier from outside metros.
- New York homebuyers searched to move into Montpelier more than any other metro followed by Washington and Hartford.
- 43% of Montpelier homebuyers searched to stay within the Montpelier metropolitan area.
- Portland was the most popular destination among Montpelier homebuyers followed by Lebanon and Myrtle Beach.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jul '24 - Sep '24 | ||
1 | 154 | ||
2 | 152 | ||
3 | 90 | ||
4 | 34 | ||
5 | 31 | ||
6 | 30 | ||
7 | 27 | ||
8 | 24 | ||
9 | 23 | ||
10 | 19 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jul '24 - Sep '24 | ||
1 | 58 | ||
2 | 22 | ||
3 | 15 | ||
4 | 10 | ||
5 | 8 | ||
6 | 7 | ||
7 | 7 | ||
8 | 7 | ||
9 | 6 | ||
10 | 5 |
View houses in Montpelier that sold recently
Recently sold homes
- $695,000 Last Sold Price3 beds2 baths1,894 sq ft22 Ridge St, Montpelier, VT 05602List Price$695,000Sale to List0% over listDays on Market55 days22 Ridge St, Montpelier, VT 05602
- $237,000 Last Sold Price2 beds1 bath972 sq ft26 Freedom Dr, Montpelier, VT 05602List Price$235,000Sale to List1% over listDays on Market74 days26 Freedom Dr, Montpelier, VT 05602
- $350,000 Last Sold Price3 beds1.5 baths1,488 sq ft32 Pearl St, Montpelier, VT 05602List Price$339,900Sale to List3% over listDays on Market43 days32 Pearl St, Montpelier, VT 05602
- $361,000 Last Sold Price3 beds1 bath1,260 sq ft232 Main St, Montpelier, VT 05602List Price$412,000Sale to List12% under listDays on Market85 days232 Main St, Montpelier, VT 05602
- $575,000 Last Sold Price4 beds2 baths2,714 sq ft55 Spring Hollow Ln, Montpelier, VT 05602List Price$575,000Sale to List0% over listDays on Market48 days55 Spring Hollow Ln, Montpelier, VT 05602
- $340,000 Last Sold Price2 beds1 bath816 sq ft3 Meadow Ln, Montpelier, VT 05602List Price$349,500Sale to List3% under listDays on Market48 days3 Meadow Ln, Montpelier, VT 05602
- $190,0003 beds1.5 baths960 sq ft2 Ridge St, Montpelier, VT 05602List Price—Sale to List—Days on Market—2 Ridge St, Montpelier, VT 05602
- $99,000 Last Sold Price2 beds1 bath896 sq ft65 Second St, Berlin, VT 05602List Price$99,900Sale to List1% under listDays on Market122 days65 Second St, Berlin, VT 05602
See all recently sold homes in Montpelier.
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Schools in Montpelier
- Elementary
- Middle
- High
GreatSchools Rating
6/10 Main Street School Public • 5-8 | 365 Students | 1 reviews |
4/10 Union Elementary School Public • PreK-4 | 429 Students | 4 reviews |
Climate's impact on Montpelier housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Montpelier.
Flood Factor - Extreme
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minor
Wind Factor
Wind likelihood over time
Heat Factor - Minor
Heat Factor
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