$9,797 Closing Credit*
$825,000
3,458 SqFt
4 Beds
•3 Full Baths, 1 Partial
Amanda Kennedy, Listing Office: RE/MAX North Professionals
Is Essex Junction, 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, Essex Junction was a Buyer's Market.
Key Takeaway
Essex Junction is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Essex Junction, VT
How much do homes in Essex Junction, VT cost?
Median Sold Price
$433,000
$258/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$2,000(-0.5%)
Key Takeaway
The sold price of homes in Essex Junction has remained the same since last month.
Summary: The median home sold price in Essex Junction was $433,000 in November 2024, down 0.5% from last month, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $435K | $329.9K | -24.2% |
| 3 Bedrooms | $435K | $532.5K | +22.4% |
| 4 Bedrooms | - | $637.9K | N/A |
| 5+ Bedrooms | $610K | - | N/A |
Summary: Essex Junction 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 24.2%, 3 bedroom homes increased by 22.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Williston | $377.5K | $572.5K | +51.7% |
| Essex | $435K | $444K | +2.1% |
| Essex Junction | $435K | $433K | -0.5% |
| South Burlington | $653.5K | $430K | -34.2% |
Housing Supply in Essex Junction, VT
How many homes are available in Essex Junction, VT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 54 | +3.8% |
Summary: The Essex Junction real estate market had 54 homes for sale in November 2024, a 3.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 22 | 19 | -13.6% |
| 3 Bedrooms | 17 | 20 | +17.6% |
| 4 Bedrooms | 10 | 11 | +10.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Essex Junction housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 13.6%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 24 | +242.9% |
Asking Price vs. Sold Price
8 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 Essex Junction, you could pay more than the asking price. 37.5% of homes here sold above asking price last month.
Summary: A total of 24 homes were sold or pending in Essex Junction in November 2024, up by 242.9% month-over-month. Of the 24 sold homes, 33% were sold under asking, 29% were sold at asking, and 38% were sold over asking.
Days on Market for Essex Junction, VT
We’re sorry, we don't have information for this market at the moment
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