Is Addison County, VT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Addison County was a Neutral Market.
Housing Prices in Addison County, VT
How much do homes in Addison County, VT cost?
Median Sold Price
$435,000
$233/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Addison County was $435,000 in May 2024, down 10.8% from last month, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $449K | N/A |
2 Bedrooms | - | $62.5K | N/A |
3 Bedrooms | $440K | $435K | -1.1% |
4 Bedrooms | $521.3K | $874K | +67.6% |
5+ Bedrooms | - | $365K | N/A |
Summary: Addison County housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 67.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Rutland County | $247.5K | $332.5K | +34.3% |
Chittenden County | $487.5K | $510K | +4.6% |
Addison County | $487.5K | $435K | -10.8% |
Housing Supply in Addison County, VT
How many homes are available in Addison County, VT?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
59 | 78 | +32.2% |
Summary: The Addison County real estate market had 78 homes for sale in May 2024, a 32.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 5 | +150.0% |
2 Bedrooms | 9 | 16 | +77.8% |
3 Bedrooms | 31 | 32 | +3.2% |
4 Bedrooms | 15 | 19 | +26.7% |
5+ Bedrooms | 2 | 6 | +200.0% |
Summary: The Addison County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 150%, 2 bedroom homes increased by 77.8%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 26.7%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 17 | +70.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Addison County in May 2024, up by 70.0% month-over-month. Of the 17 sold homes, 35% were sold under asking, 24% were sold at asking, and 41% were sold over asking.
Days on Market for Addison County, VT
We’re sorry, we don't have information for this market at the moment