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
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
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
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $262.5K | $435K | +65.7% |
| 3 Bedrooms | $226K | $312.5K | +38.3% |
| 4 Bedrooms | $66K | $160K | +142.4% |
| 5+ Bedrooms | - | $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 | $85K | $234.9K | +176.4% |
| Orleans County | $230K | $335K | +45.7% |
| Caledonia County | $255K | $258K | +1.2% |
| Franklin County | $329.9K | $331.5K | 0.5% |
Housing Supply in Orleans County, VT
How many homes are available in Orleans County, VT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 94 | 88 | -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
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 7 | +16.7% |
| 2 Bedrooms | 28 | 23 | -17.9% |
| 3 Bedrooms | 37 | 40 | +8.1% |
| 4 Bedrooms | 15 | 11 | -26.7% |
| 5+ Bedrooms | 8 | 7 | -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 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 15 | 21 | +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
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
© 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.