Living in Clarendon, VT
Clarendon, Vermont is a charming small town nestled in the heart of Rutland County. Known for its picturesque landscapes and friendly community, it offers a peaceful rural lifestyle while being just a short drive from the amenities of larger towns. The area is rich in outdoor activities, including hiking, fishing, and skiing, making it an attractive destination for nature lovers.
Current Market Conditions in Clarendon, VT
The real estate market in Clarendon remains stable, with a consistent demand for both single-family homes and investment properties. The area has seen modest price growth, attributed to the demand for properties with land, especially among buyers looking to escape urban life during the pandemic. Despite the small inventory of homes available, the market is competitive, attracting both local buyers and those from outside the state seeking a picturesque retreat.
In recent months, properties are selling slightly faster than they were a year ago. Buyers are particularly interested in homes with outdoor living spaces and larger lots, as the desire for more remote working opportunities continues. The market is expected to show gradual appreciation as more people recognize the appeal of quieter, rural living.
Home Value Estimator For Clarendon, VT
There are currently 148 real estate properties
in Clarendon, VT,
with a median automated valuation model (AVM) price
of $278,317.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Clarendon, 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 Clarendon, VT,
is $314,144.00, with the most expensive house
in Clarendon, VT, topping out
at $1,262,594.00 and the cheapest home
in Clarendon, VT,
clocking in at $88,249.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Clarendon, VT!
Rent Prices
In Clarendon, VT
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Clarendon, VT, is on
a rollercoaster ride. The
average rent price in Clarendon, VT,
is $1,402.00. Indeed, when looking to rent in
Clarendon, VT, you can expect to pay as little
as $1,000.00 or as much
as $2,060.00,
with the average rent median estimated to
be $1,400.00. The good news is that finding
an affordable and desirable property to rent in Clarendon, 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.