$550,000
0.36 Acres
Land
Renee Paulman, Listing Office: All Star Realty
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.
Key Takeaway
Franklin County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Franklin County, VT
How much do homes in Franklin County, VT cost?
Median Sold Price
$325,000
$210/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$5,100(+1.6%)
Key Takeaway
Homes in Franklin County have sold for 1.6% more than they did a month ago.
Summary: The median home sold price in Franklin County was $325,000 in November 2024, up 1.6% from last month, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $248K | N/A |
| 2 Bedrooms | $300K | $330K | +10.0% |
| 3 Bedrooms | $375K | $346.8K | -7.5% |
| 4 Bedrooms | $499.9K | $430K | -14.0% |
| 5+ Bedrooms | $999.5K | - | N/A |
Summary: Franklin 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 increased by 10%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes decreased by 14%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Lamoille County | $495K | $605.5K | +22.3% |
| Grand Isle County | $435K | $504.5K | +16.0% |
| Chittenden County | $469K | $510K | +8.7% |
| Orleans County | $343.7K | $367.5K | +6.9% |
| Franklin County | $319.9K | $325K | +1.6% |
Housing Supply in Franklin County, VT
How many homes are available in Franklin County, VT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 129 | 116 | -10.1% |
Summary: The Franklin County real estate market had 116 homes for sale in November 2024, a 10.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 26 | 24 | -7.7% |
| 3 Bedrooms | 70 | 64 | -8.6% |
| 4 Bedrooms | 25 | 21 | -16.0% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Franklin County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes decreased by 16%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 22 | +4.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Franklin County, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Franklin County in November 2024, up by 4.8% month-over-month. Of the 22 sold homes, 50% were sold under asking, 23% were sold at asking, and 27% 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
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