Is Essex County, VT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Essex County is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Essex County was a Neutral Market.

Key Takeaway

Essex County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Essex County, VT

How much do homes in Essex County, VT cost?

Median Sold Price

$185,800

$124/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$86,977(-31.9%)

Key Takeaway

Homes in Essex County have sold for 31.9% less than they did a month ago.

Summary: The median home sold price in Essex County was $185,800 in November 2024, down 31.9% from last month, and the median price per square foot was $124.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $226.3K$163K
-28.0%
3 $299K$320K
+7.0%
4 --
N/A
5+ -$149K
N/A

Summary: Essex 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 28%, 3 bedroom homes increased by 7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Orleans County
+6.9%
Caledonia County
+1.5%
Grafton County
-4.7%
Coos County
-24.3%
Essex County
-31.9%

Housing Supply in Essex County, VT

How many homes are available in Essex County, VT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4341-4.7%

Summary: The Essex County real estate market had 41 homes for sale in November 2024, a 4.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 45
+25.0%
2 107
-30.0%
3 2119
-9.5%
4 67
+16.7%
5+ 23
+50.0%

Summary: The Essex County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 30%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
78+14.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Essex County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Essex County in November 2024, up by 14.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Essex County, VT

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Essex County, VT

Nearby Markets to Essex County, VT

What housing markets are near Essex County, VT?