Comprehensive market data and analysis
7.8 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M | ||
|---|---|---|---|---|---|---|
| No acreage data available for Troy, Vermont | ||||||
The median price for land in the Vermont area is currently $14K per acre. For a typical parcel, the median sale price is $105K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $30K while premium lots reached $424K.
the Vermont area is currently a balanced market with 7.8 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have decreased 22.1% year-over-year.
the Vermont area currently has 7.8 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
The 3-month absorption rate in the Vermont area is 12.8%. The 12-month rate is 11.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The current absorption rate in the Vermont area is 12.8% (3-month basis), indicating moderate demand. With depreciating values (-22.1% YoY), buyers may find value opportunities. The top-performing broker in this market is STEEPLEVIEW REALTY - N. ADAMS.
Land in the Vermont area typically sells within 144 days of listing. The median time on market is 97 days. Properties are moving slowly in the current balanced market.
Land in the Vermont area averages $1.5M per acre. The median price per acre is $14K, which may be more representative of typical transactions. Most parcels sold are around 6.5 acres.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
