Foreclosure Homes in Montpelier, VT 05602

Current Market Conditions in Montpelier, VT

The real estate market in Montpelier has experienced a surge in interest over the past year, with increased demand leading to competitive pricing. Buyers are particularly attracted to the area's historical charm and the variety of recreational activities available in the surrounding nature.

Currently, there is a limited inventory of homes for sale, making it crucial for buyers to act quickly when a desirable property comes on the market. However, sellers are benefiting from this environment as properties tend to sell fast, often at or above asking price.

Rent Prices In Montpelier, VT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Montpelier, VT, is on a rollercoaster ride. The average rent price in Montpelier, VT, is $1,561.00. Indeed, when looking to rent in Montpelier, VT, you can expect to pay as little as $810.00 or as much as $2,530.00, with the average rent median estimated to be $1,570.00. The good news is that finding an affordable and desirable property to rent in Montpelier, 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.