Pomfret, VT Foreclosures
How much do homes sell for in Pomfret, VT?
The average home price is currently $978,258.
What’s the average rental cost in Pomfret, VT?
The average rental price in Pomfret is $1,624.
What is the most expensive home in Pomfret?
The most expensive home sold in Pomfret had a price of $3,604,772.
What is currently the cheapest priced home in Pomfret, VT?
The cheapest home for sale in Pomfret is priced at $264,788.
Living in Pomfret, VT
Pomfret, VT is a quaint and friendly town nestled in the heart of Vermont. With its stunning natural landscapes and vibrant community activities, Pomfret offers residents a peaceful countryside lifestyle. The area promotes outdoor recreation, and the beautiful scenery attracts visitors year-round.
Current Market Conditions in Pomfret, VT
The real estate market in Pomfret, VT is currently experiencing a buyer's market with more homes available than buyers. While prices have stabilized, the number of transactions has slightly declined as potential buyers weigh choices. This trend could provide an opportunity for buyers to negotiate better terms or lower prices, but sellers should be prepared to list competitively to attract interest.
Despite the overall buyer's market, properties in the higher price range are receiving significant attention, particularly those that offer unique features or premium locations. Homes that are well-maintained and priced appropriately are likely to sell faster than average, indicating that there are segments of the market still in demand.
Home Value Estimator For Pomfret, VT
There are currently 32 real estate properties
in Pomfret, VT,
with a median automated valuation model (AVM) price
of $617,855.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Pomfret, VT, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Pomfret, VT,
is $978,258.00, with the most expensive house
in Pomfret, VT, topping out
at $3,604,772.00 and the cheapest home
in Pomfret, VT,
clocking in at $264,788.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Pomfret, VT!
Rent Prices
In Pomfret, VT
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Pomfret, VT, is on
a rollercoaster ride. The
average rent price in Pomfret, VT,
is $1,624.00. Indeed, when looking to rent in
Pomfret, VT, you can expect to pay as little
as $1,240.00 or as much
as $2,200.00,
with the average rent median estimated to
be $1,600.00. The good news is that finding
an affordable and desirable property to rent in Pomfret, VT
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.