Grand Isle County Market Results

To be built home for sale on Lake Champlain
1 Terrapin Lane, Unit 1, Alburgh, VT ~ Join this new lakeshore community located on the shores of Lake Champlain, just minutes from Isle LaMotte, Rouse’s Point, NY and the Canadian border.
Single Family January-June 2022  
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$346,500 -2.4% $419,411 +1.3%53 -30.3%84 -16.8%
51 -38.6%

Grand Isle County felt the impact of changing buying patterns throughout the pandemic when buyers were drawn to the beautiful landscape, lakefront property, and peaceful countryside. Some purchasers moved for retirement, others benefited from virtual employment, and some chose South Hero for its easy drive into Chittenden County.

53 single-family homes sold in the first half of 2022, a 30% decline from the records set in 2021. 84 new properties came to market, still a 16% decline from the prior year. The median sale price at $346,500, a slight decrease from 2021, may reflect changing product mix vs. stalling price appreciation.   

Grand Isle County Single-Family$346,500 -2.4%$53-30.3%84-16.8%51
Alburgh$259,000 4.7%$23-17.9%$27-20.6%77
Grand Isle$410,000 32.9%$9-47.1%$17-15.0%22
Isle La Motte$320,000 -28.7%50.0%1362.5%43
North Hero$445,000 10.9%11-38.9%17-19.1%19
South Hero$700,000 18.6%5-37.5%10-44.4%60