Is Hancock, VT 05748 a buyer’s or seller’s market?
Hancock is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Hancock housing market right now
In the three months ending August 31, 2026, 0% of homes in Hancock, VT 05748 sold above their list price, the typical home went under contract in 32 days and there were 4.8 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 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (59 days then) and the median sale price rose 43% to $314,709. Overall, Hancock is more competitive than a year ago, so tougher for buyers.
Within Addison County, homes here sell faster than in 77% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Granville 05747 (100% sold over asking) and Salisbury 05769 (100% sold over asking) are even more competitive.
Run the numbers for 05748
Nearby markets
Bridport 05734Seller’s market $329 /sq ftBristol 05443Balanced $238 /sq ftFerrisburgh 05456Seller’s market $237 /sq ftGranville 05747 $107 /sq ft Browse all markets →Where Hancock is
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Questions about Hancock real estate
Is Hancock a buyer’s or seller’s market?
A balanced market: there were 4.8 months of supply in Hancock, VT 05748 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 Hancock?
The typical home went under contract in 32 days in the latest three months.
Do homes in Hancock sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 98.6% of the list price.
What are property taxes in Hancock?
About 1.58% of a home’s value a year in Addison County, or roughly $6,320 on a $400,000 home.
What is the median home price in Hancock?
The median sale price was $314,709 in the three months ending August 31, 2026, about $168 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