Is Essex 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, Essex County was a Seller's Market.
Key Takeaway
Essex County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Essex County, VT
How much do homes in Essex County, VT cost?
Median Sold Price
$234,900
$93/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Essex County have sold for 176.4% more than they did a month ago.
Summary: The median home sold price in Essex County was $234,900 in March 2024, up 176.4% from last month, and the median price per square foot was $93.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $67K | - | N/A |
| 2 Bedrooms | $295.5K | $375K | +26.9% |
| 3 Bedrooms | $156.2K | $189.9K | +21.6% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $115K | - | N/A |
Summary: Essex County housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.9%, 3 bedroom homes increased by 21.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Essex County | $85K | $234.9K | +176.4% |
| Orleans County | $230K | $335K | +45.7% |
| Coos County | $215K | $230K | +7.0% |
| Caledonia County | $255K | $258K | +1.2% |
Housing Supply in Essex County, VT
How many homes are available in Essex County, VT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 32 | 26 | -18.8% |
Summary: The Essex County real estate market had 26 homes for sale in March 2024, a 18.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 8 | 5 | -37.5% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Essex County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 37.5%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Essex County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Essex County in March 2024, down by 57.1% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Essex County, VT
We’re sorry, we don't have information for this market at the moment
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