Is Montpelier, VT 05602 a buyer’s or seller’s market?
Montpelier is a seller’s market. With about 2.8 months of supply and 30% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 68% of U.S. ZIP codes, and #13 of 48 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Montpelier housing market right now
In the three months ending August 31, 2026, 30% of homes in Montpelier, VT 05602 sold above their list price, the typical home went under contract in 28 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 44 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (30% then), homes sold faster (50 days then) and the median sale price fell 9% to $419,818. Overall, Montpelier is more competitive than a year ago, so tougher for buyers.
Within Washington County, homes here sell faster than in 80% of the county’s ZIP codes, and sell more often over asking than in 60%. On our competition score, Montpelier ranks #13 of 48 VT ZIP codes with enough sales (score 65 out of 100).
Nearby, buyers who want less competition could look at Marshfield 05658 (0% sold over asking) or East Calais 05650 (0% sold over asking), while Roxbury 05669 (100% sold over asking) and Woodbury 05681 (100% sold over asking) are even more competitive.
Run the numbers for 05602
Nearby markets
Barre 05641Balanced $203 /sq ftCabot 05647Balanced $253 /sq ftCalais 05648 — /sq ftEast Calais 05650Buyer’s market $233 /sq ft Browse all markets →Towns like Montpelier nearby
Find towns like Montpelier in other states →Where Montpelier is
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Questions about Montpelier real estate
Is Montpelier a buyer’s or seller’s market?
A seller’s market: there were 2.8 months of supply in Montpelier, VT 05602 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 Montpelier?
The typical home went under contract in 28 days in the latest three months.
Do homes in Montpelier sell over asking?
30% of homes sold above their original list price, and the typical sale closed at 99.4% of the list price.
What are property taxes in Montpelier?
About 1.75% of a home’s value a year in Washington County, or roughly $7,000 on a $400,000 home.
What is the median home price in Montpelier?
The median sale price was $419,818 in the three months ending August 31, 2026, about $259 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