$3,741 Closing Credit*
$315,000
560 SqFt
1 Bed
•1 Full Bath
Nancy Foster, Listing Office: Champlain Valley Properties
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.
Key Takeaway
Addison County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Addison County, VT
How much do homes in Addison County, VT cost?
Median Sold Price
$414,000
$278/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$35,000(+9.2%)
Key Takeaway
Homes in Addison County have sold for 9.2% more than they did a month ago.
Summary: The median home sold price in Addison County was $414,000 in November 2024, up 9.2% from last month, and the median price per square foot was $278.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $591K | $350K | -40.8% |
| 3 Bedrooms | $375K | $536K | +42.9% |
| 4 Bedrooms | $518K | $511.5K | -1.3% |
| 5+ Bedrooms | - | $769K | N/A |
Summary: Addison County housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 40.8%, 3 bedroom homes increased by 42.9%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Addison County | $379K | $414K | +9.2% |
| Chittenden County | $469K | $510K | +8.7% |
| Rutland County | $342.5K | $310K | -9.5% |
Housing Supply in Addison County, VT
How many homes are available in Addison County, VT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 85 | 79 | -7.1% |
Summary: The Addison County real estate market had 79 homes for sale in November 2024, a 7.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 16 | 12 | -25.0% |
| 3 Bedrooms | 39 | 36 | -7.7% |
| 4 Bedrooms | 18 | 18 | 0.0% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Addison County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 18 | +38.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Addison County, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in Addison County in November 2024, up by 38.5% month-over-month. Of the 18 sold homes, 11% were sold under asking, 39% were sold at asking, and 50% 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
© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.