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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Addison County is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Addison County was a Buyer's Market.

Key Takeaway

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

Housing Prices in Addison County, VT

How much do homes in Addison County, VT cost?

Median Sold Price

$345,000

$205/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

-$155,000(-31.0%)

Key Takeaway

Homes in Addison County have sold for 31% less than they did a month ago.

Summary: The median home sold price in Addison County was $345,000 in February 2024, down 31% from last month, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 $416K$385K
-7.5%
3 $480K$315K
-34.4%
4 -$914K
N/A
5+ $925K-
N/A

Summary: Addison County housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.5%, 3 bedroom homes decreased by 34.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Rutland County
-9.1%
Chittenden County
-11.5%
Addison County
-31.0%

Housing Supply in Addison County, VT

How many homes are available in Addison County, VT?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
5453-1.9%

Summary: The Addison County real estate market had 53 homes for sale in February 2024, a 1.9% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 32
-33.3%
2 64
-33.3%
3 2830
+7.1%
4 1313
0.0%
5+ 44
0.0%

Summary: The Addison County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
611+83.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Addison County, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Addison County in February 2024, up by 83.3% month-over-month. Of the 11 sold homes, 55% were sold under asking, 27% were sold at asking, and 18% were sold over asking.

Days on Market for Addison 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 27 Days Ago

Newest Listings in Addison County, VT

Nearby Markets to Addison County, VT

What housing markets are near Addison County, VT?