Why Live in Coventry
Coventry, a rural community just outside Newport, is characterized by its forested landscapes and spacious lots. The area lacks extensive infrastructure, leading residents to rely on private utilities, which helps keep taxes low. Notably, Coventry has no zoning laws, allowing homeowners to start hobby farms or home businesses without approval. The neighborhood features ranch-style homes, farmhouses, and manufactured properties, with lot sizes ranging from half an acre to 10 acres. Homeowners typically use private well water and septic tanks, and dirt roads can become muddy in spring. Some low-lying areas are prone to flooding, necessitating flood insurance for federal mortgages. Coventry's northern border is marked by the South Bay of Lake Memphremagog, offering public boating access in Newport. The South Bay Wildlife Management Area spans around 2,000 acres of wetlands, popular for hunting and fishing, and home to diverse wildlife like bobcats, mallards, and deer. Unmarked trails for snowmobiling and four-wheeling are scattered throughout the community. Coventry’s small town center includes Martha’s Diner, a local favorite since the 1970s, while Newport provides additional dining options like The East Side Restaurant & Pub. Highway 5 connects Coventry to Newport, and Interstate 91 leads to the Canadian border less than 20 miles away. The Northeast Kingdom International Airport, mainly for private flights, is centrally located. The annual Fly to Pie Kingdom Marathon starts at the airport each October, ending with a pizza party in West Glover.
Frequently Asked Questions
What is the average home price in Coventry, VT?
Homes for sale in Coventry, VT have an average home price of $339,975.
How many homes have sold over the last 12 months in Coventry, VT?
2 homes have sold in Coventry, VT over the last 12 months.
What are the most popular zip codes in Coventry, VT?
How much do you need to make to afford a house in Coventry?
The median home price in Coventry is $317,450. If you put a 20% down payment of $63,500 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $1,650 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $71K a year to afford the median home price in Coventry.
How are the schools in Coventry, VT?
Home Trends in Coventry, VT
On average, homes in Coventry, VT sell after 7 days on the market compared to the national average of 50 days. The median sale price for homes in Coventry, VT over the last 12 months is $303,700, up 6% from the median home sale price over the previous 12 months.
Median Sale Price
$303,700
Median Single Family Sale Price
$303,700
Average Price Per Sq Ft
$303
Number of Homes for Sale
2
Last 12 months Home Sales
2
Median List Price
$317,450
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
6%