Is Sheffield, VT 05866 a buyer’s or seller’s market?
Sheffield is a seller’s market. With about 3.2 months of supply and 0% 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.
The Sheffield housing market right now
In the three months ending August 31, 2026, 0% of homes in Sheffield, VT 05866 sold above their list price, the typical home went under contract in 126 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. 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 (248 days then) and the median sale price fell 36% to $137,191. Overall, Sheffield is more competitive than a year ago, so tougher for buyers.
Within Caledonia County, homes here sell more slowly than in 92% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, East Ryegate 05042 (100% sold over asking) and Peacham 05862 (100% sold over asking) are even more competitive.
Run the numbers for 05866
Nearby markets
Barnet 05821Seller’s market $302 /sq ftDanville 05828Buyer’s market $208 /sq ftEast Burke 05832Seller’s market $360 /sq ftEast Hardwick 05836Balanced $238 /sq ft Browse all markets →Where Sheffield is
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Questions about Sheffield real estate
Is Sheffield a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Sheffield, VT 05866 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 Sheffield?
The typical home went under contract in 126 days in the latest three months.
Do homes in Sheffield sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 91.0% of the list price.
What are property taxes in Sheffield?
About 1.76% of a home’s value a year in Caledonia County, or roughly $7,040 on a $400,000 home.
What is the median home price in Sheffield?
The median sale price was $137,191 in the three months ending August 31, 2026, about $86 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