Is Franklin 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, Franklin County was a Neutral Market.
Housing Prices in Franklin County, VT
How much do homes in Franklin County, VT cost?
Median Sold Price
$350,000
$214/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Franklin County was $350,000 in May 2024, up 40.6% from last month, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $147.5K | - | N/A |
2 Bedrooms | $303K | $243K | -19.8% |
3 Bedrooms | $369K | $415K | +12.5% |
4 Bedrooms | $247K | $436.7K | +76.8% |
5+ Bedrooms | - | - | N/A |
Summary: Franklin 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 decreased by 19.8%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 76.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Lamoille County | $270K | $634.5K | +135.0% |
Franklin County | $249K | $350K | +40.6% |
Chittenden County | $487.5K | $510K | +4.6% |
Orleans County | $445K | $274.7K | -38.3% |
Housing Supply in Franklin County, VT
How many homes are available in Franklin County, VT?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
95 | 131 | +37.9% |
Summary: The Franklin County real estate market had 131 homes for sale in May 2024, a 37.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 19 | 27 | +42.1% |
3 Bedrooms | 53 | 73 | +37.7% |
4 Bedrooms | 15 | 19 | +26.7% |
5+ Bedrooms | 5 | 10 | +100.0% |
Summary: The Franklin County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 42.1%, 3 bedroom homes increased by 37.7%, 4 bedroom homes increased by 26.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 30 | +100.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in Franklin County in May 2024, up by 100.0% month-over-month. Of the 30 sold homes, 37% were sold under asking, 20% were sold at asking, and 43% were sold over asking.
Days on Market for Franklin County, VT
We’re sorry, we don't have information for this market at the moment