Is Fairlee, VT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fairlee is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Fairlee has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Fairlee, VT

How much do homes in Fairlee, VT cost?

Median Sold Price

$280,000

$238/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$158,912(-36.2%)

Key Takeaway

Homes in Fairlee have sold for 36.2% less than they did a month ago.

Summary: The median home sold price in Fairlee was $280,000 in November 2024, down 36.2% from last month, and the median price per square foot was $238.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $542.8K-
N/A
3 -$280K
N/A
4 $335K-
N/A
5+ --
N/A

Summary: Fairlee 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 did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

West Fairlee
0.0%
Bradford
-17.4%
Fairlee
-36.2%

Housing Supply in Fairlee, VT

How many homes are available in Fairlee, VT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
54-20.0%

Summary: The Fairlee real estate market had 4 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 33
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Fairlee 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 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fairlee, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Fairlee in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Fairlee, 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 21 Days Ago

Newest Listings in Fairlee, VT

Nearby Markets to Fairlee, VT