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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Orleans County is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Orleans County was a Neutral Market.

Key Takeaway

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

Housing Prices in Orleans County, VT

How much do homes in Orleans County, VT cost?

Median Sold Price

$335,000

$187/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$105,000(+45.7%)

Key Takeaway

Homes in Orleans County have sold for 45.7% more than they did a month ago.

Summary: The median home sold price in Orleans County was $335,000 in March 2024, up 45.7% from last month, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $262.5K$435K
+65.7%
3 $226K$312.5K
+38.3%
4 $66K$160K
+142.4%
5+ -$360.5K
N/A

Summary: Orleans 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 65.7%, 3 bedroom homes increased by 38.3%, 4 bedroom homes increased by 142.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Essex County
+176.4%
Orleans County
+45.7%
Caledonia County
+1.2%
Franklin County
0.5%

Housing Supply in Orleans County, VT

How many homes are available in Orleans County, VT?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
9488-6.4%

Summary: The Orleans County real estate market had 88 homes for sale in March 2024, a 6.4% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 67
+16.7%
2 2823
-17.9%
3 3740
+8.1%
4 1511
-26.7%
5+ 87
-12.5%

Summary: The Orleans County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes decreased by 17.9%, 3 bedroom homes increased by 8.1%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1521+40.0%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Orleans County, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Orleans County in March 2024, up by 40.0% month-over-month. Of the 21 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.

Days on Market for Orleans 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 18 Days Ago

Newest Listings in Orleans County, VT

Nearby Markets to Orleans County, VT

What housing markets are near Orleans County, VT?