Addison County Market Results

Two Homes being sold together in Ferrisburgh Vermont
46 & 58 Riverview Street, Ferrisburgh, VT ~ This exceptional property has 2 homes nestled on the banks of Otter Creek with Lake Champlain access.
Single-Family January-December 2023
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$404,000 +3.9% $490,373 +6.8%278 -8.9%319 -7.5%30 -6.3%
Condos January-December 2023
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$325,000 +5.7% $361,542 +2.0%18 0.0%20 +53.9%22 -8.3%

The real estate market in Addison County is not immune to the trends seen across other counties in this report although at a more moderate pace. The number of single-family homes sales declined by 27 units, while the number of new listings on the market dropped by 26 units.

The median sale price increased by nearly 4% in 2023, with a cumulative increase of 42% since 2020. Panton, Leicester, Weybridge, and Cornwall posted significantly higher median sale prices than the county median of $404,000.

Middlebury, Bristol, Ferrisburgh, Monkton, Orwell, and Vergennes proved the most popular with the greatest number of sales, however far fewer new listings as compared to last year.

With a small number of transactions in many towns, the data can show dramatic swings in one direction or the other.

MEDIAN SALE PRICEVS 2022UNITS SOLDVS 2022NEWLY LISTEDVS 2022DAYS ON MARKET
Addison County Single-Family$404,0003.90%278-8.90%319-7.50%30
Addison$514,5003.40%10-37.50%12-36.80%70
Bridport$300,0003.50%1157.10%1677.80%13
Bristol$394,0001.30%28-9.70%32-3.00%21
Cornwall$565,000-10.30%1427.30%140.00%35
Ferrisburgh$490,000-14.90%26-7.10%30-3.20%22
Goshen$192,035-48.10%3-25.00%6200.00%64
Granville$144,000-56.10%4-33.30%4-20.00%46
Hancock$290,00028.90%566.70%6100.00%40
Leicester$526,50075.50%12-20.00%11-38.90%52
Lincoln$495,00028.00%6-66.70%9-55.00%22
Middlebury$400,0008.80%39-15.20%41-22.60%24
Monkton$424,900-6.60%17-22.70%21-8.70%8
New Haven$493,7508.50%12-14.30%14-17.70%33
Orwell$294,500-25.40%1838.50%1926.70%40
Panton$1,906,500515.00%5-44.40%6-33.30%3
Ripton$306,000-36.30%5400.00%4300.00%116
Salisbury$510,00022.90%9-18.20%1660.00%35
Shoreham$390,000-9.10%11120.00%1344.40%25
Starksboro$395,00046.30%1362.50%1344.40%22
Vergennes$345,0007.50%18-25.00%19-29.60%27
Waltham$499,500-21.20%4300.00%4100.00%9
Weybridge$533,50018.00%6-25.00%7-46.20%41
Whiting$335,9753.50%2-50.00%2-33.30%5