Market Overview – May 2025

📍 Central Vermont Overview

• Statewide (May 2025):

  • Median home price reached around $442,900, up about 5% year-over-year. Sales volume rose roughly 10.7%, and active listings increased by 18.6% year-over-year

• State trends: Inventory is gradually increasing and prices are still rising, but mortgage rates (around 6–6.5 %) and limited supply continue to slow affordability .

🔍 Key Takeaways for Central Vermont

1. Prices are climbing steadily – Up ~5% statewide with even sharper monthly spikes in areas like Barre.

2. Inventory is improving but remains tight, especially for desirable properties in Montpelier and Barre.

3. Moderate market competitiveness – More than a quarter of homes are selling over list statewide; Central VT, especially Barre, shows a clear seller advantage.

4. Financing remains critical – With mortgage rates at 6–6.5%, buyers should plan cautiously and might benefit from flexible financing or creative approaches (e.g., co-ownership, multi-family).

5. Seasonality matters – Spring remains the most active window for listings and offers, but expect ongoing competitiveness through the summer.

💡 What This Means for You

• Buyers: Be ready to act quickly. Get pre‑approved, consider off‑market or creative options, and think broadly about nearby towns for better value.

• Sellers: It’s still a seller’s market—pricing right and marketing aggressively could net strong offers.

• Investors: Rising prices and low vacancy suggest opportunities, but watch out for areas already hitting price ceilings.