Is Lamoille County, VT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Lamoille County has remained a Buyer's Market.
Key Takeaway
Lamoille County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lamoille County, VT
How much do homes in Lamoille County, VT cost?
Median Sold Price
$528,333
$304/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Lamoille County have sold for 20.8% more than they did a year ago.
Summary: The median home sold price in Lamoille County was $528,333 in March 2024, up 20.8% from last year, and the median price per square foot was $304.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $436.5K | $245.7K | -43.7% |
| 2 Bedrooms | $450K | $427K | -5.1% |
| 3 Bedrooms | $346.5K | $465K | +34.2% |
| 4 Bedrooms | $1.0M | $880K | -13.6% |
| 5+ Bedrooms | $2.9M | $1.4M | -52.1% |
Summary: Lamoille County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 43.7%, 2 bedroom homes decreased by 5.1%, 3 bedroom homes increased by 34.2%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes decreased by 52.1%.
Housing Supply in Lamoille County, VT
How many homes are available in Lamoille County, VT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 107 | 101 | -5.6% |
Summary: The Lamoille County real estate market had 101 homes for sale in March 2024, a 5.6% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 6 | 0.0% |
| 2 Bedrooms | 18 | 14 | -22.2% |
| 3 Bedrooms | 42 | 41 | -2.4% |
| 4 Bedrooms | 25 | 24 | -4.0% |
| 5+ Bedrooms | 16 | 16 | 0.0% |
Summary: The Lamoille County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 22.2%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 23 | 13 | -43.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lamoille County, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Lamoille County in March 2024, down by 43.5% month-over-month. Of the 13 sold homes, 46% were sold under asking, 46% were sold at asking, and 8% were sold over asking.
Days on Market for Lamoille 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.