Northfield, VT is a great place to buy a home due to the current median housing value being significantly lower than the national average. The median value of a house in Northfield is $263,600, while the US House Median Value is $338,100. The impressive appreciation rates between Northfield and the US also favor buying in Northfield as it has seen a 14.92% increase over the past year compared to the 8.27% national average for house appreciation. This means that potential buyers can not only benefit from buying at a lower cost but that their investment should continue to grow in value over time.
The median home cost in Northfield is $263,600. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Northfield is up 20.2%.
Average Age of Homes
- The median age of Northfield real estate is 47 years old
The Rental Market in Northfield
- Renters make up 21.4% of the Northfield population
- 2.3% of houses and apartments in Northfield, 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.