The housing market in Sheffield, VT (05866) is a strong one. The median value of homes in this area is $222,500, which is significantly lower than the US median value of $338,100. Despite that, the appreciation rate for homes in Sheffield has been much higher over the last year; 15.30%, compared to 8.27% nationwide. This indicates that Sheffield is a desirable place to live and invest in real estate, with strong prospects for future growth in home values.
The median home cost in Sheffield (zip 05866) is $222,500. Home appreciation the last 10 years has been 63.5%. Home Appreciation in Sheffield (zip 05866) is up 19.1%.
Average Age of Homes
- The median age of Sheffield (zip 05866) real estate is 39 years old
The Rental Market in Sheffield (zip 05866)
- Renters make up 10.0% of the Sheffield (zip 05866) population
- 1.6% of houses and apartments in Sheffield (zip 05866), 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.