Addison County Real Estate Market 2025


1088 Tri-Town Road, Addison, VT – Wake up to sweeping views of Lake Champlain and the Adirondack Mountains in this beautifully renovated, year-round, 3-bedroom home.
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The single-family home market in Addison County has experienced significant growth in median sales prices over the past eight years, with values rising from $269,000 in 2018 to $477,500 in the first half of 2025- a 78% increase. After units sold steadily declined from a high in 2021, a 32% increase in newly listed homes so far this year has resulted in a 19% increase in sales. This trend shows a 15% year-over-year increase in median sale prices.

Single-Family January-June 2025
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$477,500 15.1% $538,069 3.4%106 19.1%196 32.4%56 9.8%
Condos January-June 2025
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$335,750 -12.8% $344,750 -13.9%6 50%12 50%15 -31.8%

Middlebury posted the highest number of sales in the county plus a nearly 11% increase in median sale price, followed by Bristol with a 12% increase in price. Many other towns experienced declines in the median sale price or in units sold but this is a likely a result of a small number of sales affecting the data. Starksboro, Addison, Goshen, and Weybridge commanded premium prices during the 6-month period. Days on market (DOM) varied widely across the region.

Across property types, single-family homes remain dominant, with a median sale price of $477,500, while condos, reflecting a small portion of properties sold, saw a strong increase in new listings and units sold. The median sale price of land grew 14% to $145,000. Overall, buyers have more inventory to choose from, with strong price appreciation in key towns highlighting continued demand.

Single-Family Home Prices Continue to Climb
The median price for single-family homes rose 15.1% from last year, continuing a multi-year trend of appreciation.

Land Sales Slow Despite Rising Median Prices
Land sales fell but the median price rose 13.73% to $145,000. Inventory improved, with new listings up 36%, providing more opportunities for buyers in search of custom-building sites or long-term investments.

Addison County Single-FamilyMedian PriceVS 2024Units SoldVS 2024New ListingsVS 2024Average DOM
Addison $855,000 191.5%433.3%7-12.5%51
Bridport $385,000 -7.1%7250.0%2-71.4%86
Bristol $424,500 30.5%10100.0%22144.4%34
Cornwall $579,200 -45.3%3-25.0%716.7%11
Ferrisburgh $559,000 -45.1%3-62.5%11-26.7%30
Goshen $1,740,000 484.9%20.0%0.0%272
Granville $371,500 198.2%4300.0%4300.0%10
Hancock $300,000 -14.0%10.0%2-33.3%92
Leicester $470,000 45.0%20.0%40.0%32
Lincoln $469,000 -9.3%40.0%833.3%30
Middlebury $454,936 7.9%2066.7%4387.0%36
Monkton $517,500 -6.7%814.3%928.6%39
New Haven $505,000 -16.2%5-16.7%8-11.1%34
Orwell $340,000 33.1%5400.0%9200.0%183
Panton $391,000 38.2%30.0%50.0%47
Ripton0.0%0.0%4100.0%
Salisbury $469,000 20.3%3-25.0%1042.9%55
Shoreham $456,250 24.9%4-50.0%912.5%113
Starksboro $635,000 102.1%8166.7%860.0%20
Vergennes $507,000 16.3%8-20.0%1515.4%63
Waltham0.0%0.0%1-50.0%
Weybridge $855,000 113.0%2-33.3%30.0%112
Whiting0.0%0.0%5400.0%

Footnotes:

  1. PrimeMLS, PrimeMLS.com,

Addison County Early 2025 Market Report

1499 Sand Road, Ferrisburgh, VT – Spacious 4-bedroom, 3-bath, 3,100 sqft home on 1.6 acres with river frontage. Built in 2011, features open concept living, large windows, and a detached 2-car garage.


The single-family home market in Addison County has experienced significant growth in median sales prices over the past eight years, with values rising from $260,000 in 2017 to $426,250 in 2024 – a 64% increase. However, units sold have steadily declined, from a high of 421 in 2021 to just 244 in 2024, reflecting tighter inventory and rising prices potentially limiting buyer access. Recent trends show a 5.3% year-over-year increase in median sales prices for 2024, while sales dropped 12.54%.

Single-Family January-December 2024
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$426,250 5.3% $521,204 6.2%244 -12.5%310 -2.8%40 33.3%

Condos January-December 2024
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$377,000 16.0% $391,000 8.2%14 -22.2%14 -30.0%18 -18.2%

Middlebury posted the highest number of sale in the county plus a nearly 9% increase in median sales price, followed by Ferrisburgh with 23 single family homes sold. Lincoln posted a 150% increase in homes sold. Other towns, such as Leicester and Panton, experienced declines in median sale price, with Panton seeing the sharpest drop at 71.15% but this is a likely a result of a small number of sales affecting the data. High-value towns like Cornwall ($610,000) and Monkton ($604,250) continue to command premium prices. Days on market (DOM) varied widely across the region.

Across property types, single-family homes remain dominant, with a median sales price of $426,250, while condos, reflecting a small portion of properties sold, saw the strongest year-over-year price growth (+16%) to $377,000. Multi-family homes saw a 7.28% increase in median sales price to $420,000, while the median sales price of land fell 10.11% to $120,000. Overall, inventory challenges and affordability concerns define the current market, but strong price appreciation in key towns highlights continued demand.

Addison County Single-FamilyMedian PriceVS 2023Units SoldVS 2023New ListingsVS 2023Average DOM
Addison$340,500.00 -33.80%1220.00%138.30%43
Bridport$385,000.00 28.30%110.00%160.00%126
Bristol$395,000.00 0.30%21-25.00%23-28.10%37
Cornwall$610,000.00 8.00%11-21.40%12-14.30%49
Ferrisburgh$518,000.00 5.70%23-11.50%313.30%24
Goshen$250,000.00 30.20%566.70%4-33.30%64
Granville$375,500.00 160.80%2-50.00%525.00%7
Hancock$364,000.00 25.50%2-60.00%60.00%26
Leicester$325,000.00 -38.30%5-58.30%7-36.40%51
Lincoln$450,000.00 -9.10%15150.00%1455.60%53
Middlebury$434,500.00 8.60%34-12.80%410.00%26
Monkton$604,250.00 42.20%14-17.70%15-28.60%44
New Haven$547,750.00 10.90%9-25.00%12-14.30%16
Orwell$375,000.00 27.30%7-61.10%12-36.80%55
Panton$550,000.00 -71.20%50.00%950.00%8
Ripton$288,500.00 -5.70%4-20.00%40.00%10
Salisbury$365,000.00 -28.40%1122.20%15-6.30%33
Shoreham$444,000.00 13.90%1427.30%1838.50%80
Starksboro$405,000.00 2.50%9-30.80%12-7.70%30
Vergennes$397,500.00 13.60%18-5.30%2742.10%27
Waltham$515,000.00 3.10%40.00%525.00%26
Weybridge$445,000.00 -16.60%60.00%6-14.30%9
Whiting$751,988.00 123.80%20.00%350.00%80

Addison County Mid-Year Report


46 Riverview Street, Ferrisburgh, VT ~ Nestled on the banks of Otter Creek, with direct access to Lake Champlain, this property built in 2021 offers convenient one-level living with an open concept design.

The median sale price of single-family homes jumped nearly 10% in Addison County as inventory on the market did not see the rebound recognized in other areas of northwest Vermont. Closed sales dropped sharply, exceeding the rate of decline in previous years. Middlebury saw a 25% decline in closed sales, however, an increase in newly listed homes may turnaround those results in the 3rd quarter. While we may speculate that second home and luxury home purchasers paused during the first half of the year, the increase in the median sale price does not support that theory. With a small statistical sample over the 6 months of this report, we will have a better barometer as to the market trends in Addison County as the year progresses.

Single-Family January-June 2024
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$412,500 +9.7% $517,985 +10.9%90 -25.6%148 -13.5%51 +41.7%

Condos January-June 2024
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$385,000 +19.2% $400,500 +5.0%4 -50.0%8 0.0%22 +57.1%

SINGLE-FAMILY SALE PRICEMEDIANVS 2023UNITS SOLDVS 2023NEWLY LISTEDVS 2023DAYS ON MARKET
Addison$320,000 -39.5%30.0%814.3%102
Bridport$460,500 81.8%2-66.7%7-46.2%309
Bristol$380,000 3.8%5-58.3%9-35.7%50
Cornwall$1,075,000 104.8%4-20.0%6-25.0%3
Ferrisburgh$630,000 19.1%8-20.0%15-6.3%24
Goshen$297,500 0.0%20.0%10.0%22
Granville$126,000 -69.3%1-50.0%1-66.7%5
Hancock$349,000 -7.2%10.0%3-40.0%7
Leicester$324,223 -27.0%2-50.0%433.3%97
Lincoln$492,500 -26.1%4100.0%6200.0%71
Middlebury$410,000 11.6%12-25.0%2315.0%28
Monkton$558,500 45.1%7-22.2%7-41.7%73
New Haven$561,375 15.8%620.0%980.0%19
Orwell$350,000 16.9%1-90.0%3-72.7%253
Panton$340,000 1.5%3200.0%566.7%3
Riptonn/a0.0%n/a0.0%2-33.3%n/a
Salisbury$340,000 23.6%433.30%7-22.2%20
Shoreham$389,500 -6.10%860.00%814.30%124
Starksboro$350,000 53.90%3-50.00%5-37.50%48
Vergennes$390,000 11.40%110.00%138.30%19
Walthamn/a0.00%n/a0.00%2-33.30%n/a
Weybridge$410,000 -18.30%3-40.00%3-50.00%8
Whitingn/a0.00%n/a0.00%10.00%n/a

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

Addison County Market Results

724 Delong Lane, Shoreham, VT ~ This well-maintained log home sits on over 1 acre, with 480 feet of lake frontage on Lake Champlain.

Single-Family January-June 2023
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$376,000 +0.3 %$467,149 +8.3 %121 -10.4 %170 -11.0 %36 +5.9%

Condos January-June 2023
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$323,000 +7.0%$381,438 +21.2%8 -11.1%8 +33.3%14 -46.2%

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 only 12 units, while the number of new listings on the market dropped by 17 units.  With a small number of transactions in many towns, the data can show dramatic swings in one direction or the other.

Bristol, Ferrisburgh, Middlebury, Monkton, Orwell, and Vergennes proved the most popular with the greatest number of sales, however with far fewer new listings as compared to last year at this time.  Ferrisburgh, in the northern part of the county, posted a median sale price of $529,000 – significantly higher than the county average of $376,000.

While there are few condominium sales in the county, the available parcels of land for sale increased by 21% during the first half.  This resulted in 30 closed sales, the highest number of land sales in the region.

MEDIAN SALE PRICEVS 2022UNITS SOLDVS 2022NEWLY LISTEDVS 2022DAYS ON MARKET
Addison County Single-Family$376,000 0.3%12157.1%170-11.0%36
Addison$529,000 6.9%30.0%7-41.7%82
Bridport$253,260 -25.4%6-14.3%13116.7%16
Bristol$366,250 3.9%1240.0%14-22.2%15
Cornwall$525,000 -4.6%5-28.6%814.3%77
Ferrisburgh$529,000 7.2%10n/a16-5.9%27
Goshenn/a0.0%n/a0.0%1-50.0%n/a
Granville$411,000 21.3%2-50.0%3200.0%82
Hancock$376,000 43.2%10.0%5150.0%10
Leicester$444,000 85.0%4-60.0%3-75.0%120
Lincoln$666,250 59.6%2-20.0%2-75.0%45
Middlebury$367,500 -1.3%160.0%20-33.3%22
Monkton$385,000 -5.9%90.0%12-14.3%4
New Haven$485,000 6.6%566.7%5-16.7%17
Orwell$299,500 -33.6%10-8000.0%1137.5%46
Panton$335,000 8.1%10.0%3-62.5%3
Ripton$450,510 0.0%3-50.0%3200.0%188
Salisbury$275,000 -9.4%3150.0%980.0%34
Shoreham$415,000 -7.20%50.0%6100.00%42
Starksboro$227,500 -8.60%60.0%860.00%39
Vergennes$350,000 1.50%110.0%12-14.30%26
Waltham$499,500 0.00%2253200.00%6
Weybridge$502,000 33.90%5n/a6-25.00%11
Whitingn/an/an/an/an/an/an/a

Addison County Market Results

Restored 1800’s Farmhouse & Barn
Located on the Village Green, this property boasts stunning views of Mt. Abraham and has charm & character throughout. New Haven
Single-Family Q1 2023
New ListingsUnits SoldMedian Sold PriceDays on Market
52 (-33%)47 (-11%)
$325k (-2.11%)
10 (+43%)
Condos Q1 2023
New ListingsUnits SoldMedian Sold PriceDays on Market
4 (+0%)3 (-57%)
$525K (+74%)
0

 

The first quarter of 2023 was challenging for the housing market in Addison County, Vermont. The county saw a significant drop in the number of new listings, with a decline of around 33% compared to the same period last year. This limited the options available to potential buyers and contributed to an overall decline in sales. In fact, the number of homes sold in the county dropped by approximately 11% year-over-year. The median sold price for homes in Addison County also decreased by around 2% compared to the first quarter of 2022. This is not a reflection of a drop in home values, but more a change in the mix and limited number of properties that closed during this period. Despite these declines, Addison County remains an attractive area for homebuyers due to its scenic countryside and vibrant communities. It will be interesting to see how the market evolves throughout the rest of the year and whether the shortage of available inventory will continue to be a challenge for both buyers and sellers alike.

  • The housing market in Addison County, Vermont, experienced a challenging first quarter in 2023, with a significant drop of approximately 33% in new listings compared to the same period last year. This limited the options available to potential buyers and contributed to an overall decline of around 11% in sales volume.
  • Despite the challenges faced by the housing market in Addison County, the median sold price for homes only decreased by around 2% compared to the first quarter of 2022, suggesting that demand remains strong in this segment of the market.
  • With limited inventory and fewer options available, it is likely that buyers will continue to face increased competition for available properties, increased prices and bidding wars in many cases. However, the market remains attractive to buyers looking for scenic countryside and vibrant communities, and it will be interesting to see how the market evolves throughout the rest of the year.
NEW LISTINGSVS 2022UNITS SOLDVS 2022MEDIAN SALE PRICEVS 2022MEDIAN DOM
Addison
1533$529 K$530 K71
Single Family1533$529 K$530 K71
Condo0000$0$00
Bridport
5231$260 K$290 K37
Single Family5231$260 K$290 K37
Condo0000$0$00
Bristol
5548$267 K$320 K6
Single Family5548$267 K$320 K6
Condo0000$0$00
Cornwall
1211$270 K$550 K146
Single Family1211$270 K$550 K146
Condo0000$0$00
Ferrisburgh
5643$628 K$411 K5
Single Family5643$628 K$411 K5
Condo0000$0$00
Granville
1011$590 K$333 K5
Single Family1011$590 K$333 K5
Condo0000$0$00
Middlebury
111679$365 K$302 K4
Single Family81454$306 K$334 K7
Condo3225$587 K$302 K0
Monkton
3526$412 K$408 K7
Single Family3526$412 K$408 K7
Condo0000$0$00
New Haven
1422$281 K$372 K26
Single Family1422$281 K$372 K26
Condo0000$0$00
Orwell
5231$299 K$134 K37
Single Family5231$299 K$134 K37
Condo0000$0$00
Panton
1411$335 K$310 K3
Single Family1411$335 K$310 K3
Condo0000$0$00
Ripton
1010$285 K$05
Single Family1010$285 K$05
Condo0000$0$00
Salisbury2424$301 K$304 K47
Single Family2423$301 K$279 K47
Condo0001$0$535 K0
Salisbury
2243$213 K$275 K48
Single Family2243$213 K$275 K48
Condo0000$0$00
Vergennes
7978$300 K$335 K7
Single Family6767$315 K$345 K16
Condo1211$300 K$275 K0
Weybridge
4522$450 K$325 K19
Single Family4522$450 K$325 K19
Condo0000$0$00
Total56825060$326 K$325 K8
Single Family52784753$325 K$332 K10
Condo4437$525 K$302 K0

Addison County Market Results

404 Pea Ridge Road, Ferrisburgh, VT ~ A remarkable opportunity to own a contemporary home situated on 50+ acres in Ferrisburgh with stunning Adirondack views.

Single-Family January-December 2022
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$389,000 +14.2%
$459,171 +15.3%
305 -27.7%
345 -20.7%
32 -45.8%

Condo January-December 2022
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$307,500 +20.6%
$354,547 +22.4%
18 -35.7%
13 -48.0%
24 -54.7%

The median sale price of homes in Addison County continued its multi-year surge led by towns like Ferrisburgh, Vergennes, and Bristol. Despite reaching a record high median sale price of $389,000 for a single-family home, the county is still more affordable than nearby Chittenden County. With declining inventory of homes for sale, well prepared buyers moved quickly to purchase a property when they found one, resulting in a list to contract of only 32 days on the market. Addison County offers the quintessential Vermont life experience of farm to table dining options, art galleries, and diversified employment opportunities – all with easy access to Lake Champlain and the mountains

MEDIAN SALE PRICEVS 2021UNITS SOLDVS 2021NEWLY LISTEDVS 2021DAYS ON MARKET
Addison County Single-Family$389,000 14.20%305-27.70%345-20.70%32
Addison
$497,500 -7.90%16-5.90%190.00%35
Bridport
$290,000 -10.60%7-61.10%9-35.70%13
Bristol
$389,000 20.30%31-27.90%33-15.40%20
Cornwall
$630,000 15.80%11-21.40%147.70%23
Ferrisburgh
$576,000 69.70%280.00%3114.80%26
Goshen
$369,750 73.70%433.30%2-50.00%58
Granville
$327,713 118.50%620.00%5-44.40%136
Hancock
$225,000 60.10%3-57.10%3-40.00%11
Leicester
$300,000 -0.40%15-16.70%185.90%15
Lincoln
$386,750 12.10%1820.00%2042.90%49
Middlebury
$367,500 0.70%46-32.40%53-20.90%28
Monkton
$455,000 8.30%22-8.30%23-4.20%28
New Haven
$455,000 8.30%14-36.40%17-26.10%15
Orwell
$395,000 41.10%13-43.50%15-42.30%35
Panton
$310,000 -23.50%9-10.00%9-10.00%21
Ripton
$480,000 37.50%1-83.30%1-87.50%8
Salisbury
$415,000 23.00%11-45.00%10-58.30%52
Shoreham
$429,000 30.00%5-66.70%9-52.60%43
Starksboro
$270,000 1.10%8-42.90%9-50.00%46
Vergennes
$321,000 21.10%24-17.20%27-15.60%29
Waltham
$634,000 74.50%1-83.30%2-60.00%18
Weybridge
$452,000 -4.80%8-38.50%138.30%19
Whiting
$324,500 22.70%40.00%3-50.00%111

Addison County Market Results

Year Round Lake Shore Cottage for Sale in Ferrisburgh
239 Shore Road Ferrisburgh, VT ~ Year-Round Lake Shore Cottage in the Long Point Community. The 3 bedroom, 1 bath cottage with dramatic cathedral ceilings & exposed beams, the open concept kitchen/living room is bright & spacious, with great mountain & lake views.

Single-Family January-June 2022
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$375,000 +13.6% $431,529 +12.9%135 -30.8%191 -21.4%34 -60.0%

Condo January-June 2022
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$302,001 +21.3% $314,817 +0.5%9 -40.0%6 -50.0%26 -46.9%

While Addison County felt a substantial downturn in sales throughout the first half of 2022, it’s important to note that 2021 represented historically high sales. Single family home sales declined 30% to 135 properties sold, and limited condominium units available limited transactions to 9, 40% less than in 2021. New inventory was soft, reflecting a 21.4% decline in single-family homes listed. Despite limited sales, prices appreciated by over 13.6%. Addison County was the beneficiary of interest from out-of-state buyers during the past two years as buyers sought more tranquil areas. The combination of charming towns like Vergennes, Bristol, and Middlebury surrounded by ample recreational, agricultural, and lakeshore property makes the region a desirable primary and second home market.

Addison County Median Sale Price Single-Family Homes

Addison County Median Sale Price by Property Type

MEDIAN SALE PRICEVS 2021UNITS SOLDVS 2021NEWLY LISTEDVS 2021Average DAYS ON MARKET
Addison County Single-Family$375,000 13.6%$135-30.8%$191-21.4%34
Addison
$495,000 -39.8%716.7%1233.3%27
Bridport
$339,500 42.5%6-40.0%6-45.5%14
Bristol
$352,500 13.7%14-26.3%180.0%22
Cornwall
$550,000 4.4%1-87.5%70.0%6
Ferrisburgh
$493,500 45.4%14-22.2%1721.4%19
Goshen
$369,750 73.7%2-33.3%20.0%106
Granville
$338,750 125.8%2-33.3%1-83.3%100
Hancock
$262,500 118.8%20.0%2-33.3%6
Leicester
$240,000 -15.3%4-50.0%12-14.3%5
Lincoln
$417,500 54.6%50.0%80.0%107
Middlebury
$372,500 -12.2%20-23.1%30-21.1%26
Monkton
$409,000 -2.6%9-30.8%140.0%52
New Haven
$455,000 -4.2%5-37.5%6-57.1%5
Orwell
$451,250 37.7%6-40.0%8-46.7%58
Panton
$310,000 -25.0%525.0%860.0%14
Ripton
-0.0%-0.0%1-75.0%-
Salisbury
$303,500 10.4%6-33.3%5-37.5%27
Shoreham
$447,000 33.4%2-66.7%3-70.0%37
Starksboro
$249,000 -7.8%6-14.3%5-44.4%60
Vergennes
$345,000 34.0%11-8.3%14-26.3%28
Waltham
-0.0%-0.0%1-66.7%-
Weybridge
$375,000 -10.9%4-50.0%8-20.0%10
Whiting
$324,500 62.3%433.3%350.0%111

Addison County Market Results

This classic country Ranch in Monkton was sold in August 2021

Single-Family January-December 2021
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$340,600 +19.5% $398,214 +24.1%422 +11.6%436 +0.9%60 -45.5%

Condo January-December 2021
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$255,000 +4.1% $289,607 +6.8%28 +40%25 -3.9%53 -71.8%

The real estate market is booming in Addison County, achieving the highest median sale price for a single-family home since our report began six years ago. The number of homes sold increased by 12% – nearly triple the increase across the region. The pace of the market accelerated as well with the average time from listing to close at only 2 months – down from 3 months mid-year. Middlebury, Bristol, Vergennes, and Ferrisburgh topped the county for the most homes sold in 2021, followed closely by Monkton, Orwell, and New Haven. The highest median sale prices were reported in Cornwall, Addison, and Lincoln. Accessibility to Lake Champlain, the mountains, and an easy commute to the greater Burlington area for employment are motivators for buyers. Farm to table dining options, art galleries, and a more rural landscape enhance the quintessential Vermont life experience.

MEDIAN SALE PRICEVS 2020UNITS SOLDVS 2020NEWLY LISTEDVS 2020DAYS ON MARKET
Addison County Single-Family$340,600 19.50%42211.60%4360.90%60
Addison$540,000 61.20%17-19.10%190.00%70
Bridport$324,250 66.30%1838.50%14-6.70%130
Bristol$323,500 22.10%4310.30%40-16.70%60
Cornwall$544,000 27.40%14-26.30%13-50.00%32
Ferrisburgh$339,500 6.10%28-17.70%27-40.00%80
Goshen$212,900 -17.80%30.00%40.00%174
Granville$150,000 -61.50%566.70%9125.00%84
Hancock$140,500 40.50%7133.30%525.00%151
Leicester$301,250 6.80%1820.00%1770.00%80
Lincoln$345,000 34.80%1550.00%1427.30%100
Middlebury$365,000 32.70%683.00%67-6.90%41
Monkton$420,000 24.60%24-14.30%24-29.40%34
New Haven$420,000 27.70%2237.50%23-4.20%28
Orwell$280,000 30.10%23130.00%2673.30%125
Panton$405,000 20.00%1066.70%1042.90%37
Ripton$349,000 26.90%6-40.00%8-33.30%35
Salisbury$337,500 36.00%20100.00%24100.00%17
Shoreham$330,000 6.50%15-11.80%1946.20%39
Starksboro$267,000 -22.20%14-17.70%18-5.30%48
Vergennes$265,000 9.70%2920.80%3252.40%13
Waltham$363,285 51.10%650.00%525.00%21
Weybridge$475,000 72.10%1344.40%1220.00%44
Whiting$264,500 124.20%4300.00%6100.00%255

Addison County Market Results

Completely renovated lakefront home with water access and almost 100 feet of beautiful beach front property in Addison | MLS# 4865705

Single-Family January-June 2021
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$331,250 +27.4% $383,847 +40.3%194 +52.8%244 +16.2%86 -41%

Condo January-June 2021
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$249,000 +8.3% $313,400 +35.1%15 +400%12 +71.4%49 +96%

The real estate market is booming in Addison County, achieving the highest median sale price for a single-family home since our report began six years ago. With 16% more homes on the market, units closed jumped 53% over last year. Middlebury, Bristol, and Ferrisburgh topped the county with the most homes sold – followed closely by Monkton and Vergennes. Addison and Cornwall top the list for median sales price. Accessibility to Lake Champlain and an easy commute to Chittenden County, coupled with restaurants, art galleries, and the growth of local companies like Collins Aerospace positioned Addison County as an ideal place to experience quintessential Vermont living.

SALE PRICEMEDIANVS 2020UNITS SOLDVS 2020NEWLY LISTEDVS 2020DAYS ON MARKET
Addison County Single-Family$331,250 27.0%19452.8%24416.2%86
Addison$822,500 185.0%6-14.3%9-18.2%130
Bridport$238,250 198.0%10233.3%1157.1%81
Bristol$310,000 38.0%1946.2%19-29.6%99
Cornwall$527,000 70.0%8166.7%7-30.0%23
Ferrisburgh$339,500 51.0%1850.0%14-53.3%112
Goshen$212,900 -21.0%3200.0%20.0%174
Granville$250,000 0.0%20.0%6100.0%131
Hancock$120,000 20.0%2100.0%3-25.0%204
Leicester$283,250 197.0%833.3%14180.0%51
Lincoln$270,000 103.0%566.7%833.3%225
Middlebury$424,000 49.0%268.3%3815.2%66
Monkton$420,000 25.0%1385.7%14-12.5%41
New Haven$475,000 117.0%8166.7%1455.6%60
Orwell$327,750 46.0%10100.0%15200.0%257
Panton$413,250 88.0%433.3%5150.0%61
Ripton$349,000 773.0%4300.0%4-20.0%48
Salisbury$275,000 8.0%980.0%8100.0%22
Shoreham$335,000 -2.0%650.0%1066.7%58
Starksboro$270,000 -27.0%740.0%9-18.2%62
Vergennes$257,500 -5.0%12-7.7%1972.7%13
Waltham$364,570 31.0%30.0%3200.0%33
Weybridge$421,000 55.0%8100.0%10233.3%38
Whiting$200,000 69.0%3200.0%2100.0%331