Is South Hero, VT 05486 a buyer’s or seller’s market?
South Hero is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The South Hero housing market right now
In the three months ending August 31, 2026, 50% of homes in South Hero, VT 05486 sold above their list price, the typical home went under contract in 20 days and there were 4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 8 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 43%, homes sold faster (48 days then) and the median sale price fell 42% to $515,277. Overall, South Hero is more competitive than a year ago, so tougher for buyers.
Within Grand Isle County, homes here sell faster, and more often over asking, than in any other ZIP code in the county.
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).
Run the numbers for 05486
Nearby markets
Alburgh 05440Buyer’s market $199 /sq ftGrand Isle 05458Buyer’s market $297 /sq ftIsle La Motte 05463Balanced $489 /sq ftNorth Hero 05474Buyer’s market $404 /sq ft Browse all markets →Towns like South Hero nearby
Find towns like South Hero in other states →Where South Hero is
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Questions about South Hero real estate
Is South Hero a buyer’s or seller’s market?
A balanced market: there were 4 months of supply in South Hero, VT 05486 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 South Hero?
The typical home went under contract in 20 days in the latest three months.
Do homes in South Hero sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 98.9% of the list price.
What are property taxes in South 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 South Hero?
The median sale price was $515,277 in the three months ending August 31, 2026, about $237 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