Housing in Bloomfield, VT is in high demand due to its attractive median value of $280,300. This is significantly lower than the US House Median Value of $338,100. The growth in house value has been increasing at a rapid rate with the US house appreciation at 8.27% and the one-year house appreciation in Bloomfield, VT being 15.30%. Homeowners are attracted to these high appreciation rates and this has caused an influx of buyers into the area leading to higher prices for houses. With such attractive values combined with excellent potential for appreciation, housing in Bloomfield, VT is highly desirable.
The median home cost in Bloomfield is $280,300. Home appreciation the last 10 years has been 63.5%. Home Appreciation in Bloomfield is up 19.1%.
Average Age of Homes
- The median age of Bloomfield real estate is 40 years old
The Rental Market in Bloomfield
- Renters make up 7.3% of the Bloomfield population
- 2.5% of houses and apartments in Bloomfield, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.