Is North Hero, VT 05474 a buyer’s or seller’s market?
North Hero is a buyer’s market. With about 7.3 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The North Hero housing market right now
In the three months ending August 31, 2026, 14% of homes in North Hero, VT 05474 sold above their list price, the typical home went under contract in 31 days and there were 7.3 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 7 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 44%, homes sold faster (35 days then) and the median sale price rose 59% to $684,704. Overall, North Hero is less competitive than a year ago, which gives buyers more room.
Within Grand Isle County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in 50%.
Nearby, buyers who want less competition could look at Isle La Motte 05463 (0% sold over asking) or Grand Isle 05458 (0% sold over asking), while South Hero 05486 (50% sold over asking) and Alburgh 05440 (38% sold over asking) are even more competitive.
Run the numbers for 05474
Nearby markets
Alburgh 05440Buyer’s market $199 /sq ftGrand Isle 05458Buyer’s market $297 /sq ftIsle La Motte 05463Balanced $489 /sq ftSouth Hero 05486Balanced $237 /sq ft Browse all markets →Towns like North Hero nearby
Find towns like North Hero in other states →Where North Hero is
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Questions about North Hero real estate
Is North Hero a buyer’s or seller’s market?
A buyer’s market: there were 7.3 months of supply in North Hero, VT 05474 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in North Hero?
The typical home went under contract in 31 days in the latest three months.
Do homes in North Hero sell over asking?
14% of homes sold above their original list price, and the typical sale closed at 99.3% of the list price.
What are property taxes in North Hero?
About 1.32% of a home’s value a year in Grand Isle County, or roughly $5,280 on a $400,000 home.
What is the median home price in North Hero?
The median sale price was $684,704 in the three months ending August 31, 2026, about $404 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology