Is Orleans 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, Orleans County has remained a Seller's 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
$329,500
$168/sqft
Based on all homes sold in June 2024.
Difference Since Last Month
Key Takeaway
Homes in Orleans County have sold for 22.1% more than they did a month ago.
Summary: The median home sold price in Orleans County was $329,500 in June 2024, up 22.1% from last month, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $279K | - | N/A |
| 2 Bedrooms | $254K | $359K | +41.3% |
| 3 Bedrooms | $32K | $352.5K | +1001.6% |
| 4 Bedrooms | $240K | $195.7K | -18.4% |
| 5+ Bedrooms | $280K | $385K | +37.5% |
Summary: Orleans County housing prices by bedroom type for June 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 41.3%, 3 bedroom homes increased by 1001.6%, 4 bedroom homes decreased by 18.4%, and 5+ bedroom homes increased by 37.5%.
Median Sold Price Compared To Nearby Counties
| Orleans County | $269.9K | $329.5K | +22.1% |
| Franklin County | $435K | $350K | -19.5% |
| Essex County | $262.5K | $158K | -39.8% |
| Lamoille County | $1.0M | $580K | -44.8% |
| Caledonia County | $300K | $130K | -56.7% |
Housing Supply in Orleans County, VT
How many homes are available in Orleans County, VT?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 48 | 52 | +8.3% |
Summary: The Orleans County real estate market had 52 homes for sale in June 2024, a 8.3% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 1 | -66.7% |
| 2 Bedrooms | 9 | 12 | +33.3% |
| 3 Bedrooms | 22 | 24 | +9.1% |
| 4 Bedrooms | 6 | 11 | +83.3% |
| 5+ Bedrooms | 8 | 4 | -50.0% |
Summary: The Orleans County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 83.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 9 | 12 | +33.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Orleans County, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Orleans County in June 2024, up by 33.3% month-over-month. Of the 12 sold homes, 50% were sold under asking, 42% were sold at asking, and 8% 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
© 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.