Is Chittenden County, VT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Chittenden County has remained a Seller's Market.
Key Takeaway
Chittenden County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chittenden County, VT
How much do homes in Chittenden County, VT cost?
Median Sold Price
$451,750
$276/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Chittenden County have sold for 12.2% more than they did a month ago.
Summary: The median home sold price in Chittenden County was $451,750 in March 2024, up 12.2% from last month, and the median price per square foot was $276.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $278.5K | $255K | -8.4% |
| 2 Bedrooms | $319.9K | $325K | +1.6% |
| 3 Bedrooms | $500K | $525K | +5.0% |
| 4 Bedrooms | $660K | $552.5K | -16.3% |
| 5+ Bedrooms | $725K | - | N/A |
Summary: Chittenden County housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 8.4%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 16.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Chittenden County | $402.5K | $451.7K | +12.2% |
| Franklin County | $329.9K | $331.5K | 0.5% |
Housing Supply in Chittenden County, VT
How many homes are available in Chittenden County, VT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 270 | 289 | +7.0% |
Summary: The Chittenden County real estate market had 289 homes for sale in March 2024, a 7.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 12 | -7.7% |
| 2 Bedrooms | 86 | 97 | +12.8% |
| 3 Bedrooms | 121 | 124 | +2.5% |
| 4 Bedrooms | 45 | 48 | +6.7% |
| 5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Chittenden County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.7%, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 66 | 72 | +9.1% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
34 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chittenden County, you could pay more than the asking price. 47.2% of homes here sold above asking price last month.
Summary: A total of 72 homes were sold or pending in Chittenden County in March 2024, up by 9.1% month-over-month. Of the 72 sold homes, 24% were sold under asking, 29% were sold at asking, and 47% were sold over asking.
Days on Market for Chittenden County, VT
We’re sorry, we don't have information for this market at the moment
© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.