Accounting for nearly half the sales in the county, St. Albans and Swanton, together, posted healthy improvements in the median sales price after slight declines in 2018. Fairfax and Fletcher continue to thrive with the number of closed sales increasing year after year.
3 bedroom, 2.5 bath home with 2 car garage, large drive, manicured yard with mature landscaping and a fully-fenced backyard in Fairfax. MLS# 4816570
Median Sale Price
Average Sale Price
Units Sold
Newly Listed
Days on Market
Single-Family
$232,700 (13%)
$233,852 (9.2%)
416 (-5%)
658 (-3.4%)
97 (-8.5%)
Condos
$189,500 (5.9%)
$200,391 (0.2%)
38 (-24%)
53 (8.2%)
128 (-38.8%)
Multi-Family
$180,670 (-9.2%)
$208,646 (1.3%)
33 (6.5%)
51 (6.3%)
85 (-34.1%)
Land
$75,250 (40.7%)
$98,343 (42.1%)
30 (-11.8%)
135 (26.2%)
184 (-11.1%)
The prices of homes sold continue to increase over 2018. Homeowners, considering the sale of their property may want to act now in order to optimize their gains.
Franklin County offers a variety of housing options and price points from city homes in St. Albans, suburban developments in Fairfax, country homes in Georgia and Swanton – or mountain living in Montgomery. Buyers may have a bit more breathing room when deciding to purchase in Franklin County – but don’t wait too long – homes and investment properties are selling on average in only 3 months on the market.
A custom home with award-winning energy efficiency and stunning views of Jay Peak in Enosburg. MLS# 4758512
Single Family
Median Sale Price:
Average Sale Price:
Units Sold:
Newly Listed:
Days on Market:
$225,000 (+9.8%)
$230,137 (+6.8%)
227 (-14.3%)
405 (-9.8%)
102 (-8.1%)
Condo
Median Sale Price:
Average Sale Price:
Units Sold:
Newly Listed:
Days on Market:
$189,000 (+8%)
$198,749 (+3.4%)
21 (-27.6%)
45 (+45.2%)
134 (-28.7%)
Fueled by robust increases in the price of homes sold in St. Albans, Georgia and Fairfax – the median sale price for Franklin County rose to $225,000. Homeowners, considering the sale of their property may want to act now in order to optimize their gains.
The decline in the number of homes sold year to date may be more a factor of decreased inventory rather than a lack of demand. Countywide, sales take little more than 3 months from listing to closing.
Fairfax, within a comfortable commuting distance to employers to the north or south, has the highest median price in the county and remains a popular option among buyers. The lack of new homes coming to market affected the total number of sales. With “DOM – days on market” at only 70 days – homes were quickly purchased by ready and able buyers.
St. Albans and Swanton together account for nearly half of the sales in the county. The median sale price has increased in both cities helping push the county median up nearly 10%.
Immaculate lakefront home with westerly sunset views and a perfect shale beach in Swanton. MLS# 4722769
Median Sale Price
Average Sale Price
Units Sold
Newly Listed
Days on Market
Single-Family
$208,300 (13.2%)
$216,370 (7.4%)
79 (-16%)
151 (-7.4%)
118 (-8.5%)
Condos
$185,500 (8.2%)
$198,671 (3.8%)
6 (-50%)
8 (-50%)
67 (-70.6%)
Multi-Family
$210,835 (-1.9%)
$214,112 (-3.3%)
6 (-45.5%)
13 (62.5%)
126 (-22.2%)
Land
$81,750 (31.9%)
$101,667 (36.4%)
6 (-40%)
42 (90.9%)
95 (-55.8%)
While the number of units sold in Franklin County declined during the 1st quarter, the median and average sale prices increased.
Inventory tightened a bit with new properties coming to market declining. The harsh winter and traditionally slow months of the year may not provide enough data to determine trends that will be seen in Franklin County during 2019.
Quintessential Vermont Farmhouse with 32.6 acres, 3 bedroom, 3,460 sq. feet of living, and a 40×80 Barn in Richford. MLS# 4728097
Single Family
Median Sale Price:
Average Sale Price:
Units Sold:
Newly Listed:
Days on Market:
$208,950 (-2.8%)
$216,706 (+0.7%)
558 (+5.1%)
796 (1.4%)
104 (-14.1%)
Condo
Median Sale Price:
Average Sale Price:
Units Sold:
Newly Listed:
Days on Market:
$187,498 (-4.6%)
$207,275 (+0.1%)
64 (+60%)
64 (+1.6%)
205 (+61.4%)
The number of properties coming on the market in 2018 stabilized after declining for a few years. This was good news for buyers seeking affordable home ownership options. Franklin County, with a median price of under $209,000, is the most affordable in northwest Vermont.
Town by town data varies widely with median prices and sales fluctuating based upon proximity to interstate 89, Lake Champlain or second home areas.
Georgia and Fairfax posted the highest median sale prices of $280,000 and $286,000 respectively. A nearly 17% increase in new homes to the market in Fairfax helped push unit sales up by 6.8%. With proximity to both Burlington and St. Albans, both towns are popular options for families.
Lovely historic 1821 Farmhouse located on 17 beautiful acres with a big post and beam barn in Franklin. MLS# 4663274
Median Sale Price
Average Sale Price
Units Sold
Newly Listed
Days on Market
Single-Family
$205,500 (-3.2%)
$213,898 (0.3%)
436 (9%)
680 (4.6%)
106 (-14.5%)
Condos
$178,900 (-9%)
$200,015 (-5.6%)
50 (47.1%)
49 (-5.8%)
209 (60.8%)
Franklin County remains the most affordable county in northwest Vermont. The median price for a single-family home declined slightly to $205,500 as compared to $339,950 in neighboring Chittenden County.
Land sales remain healthy and an affordable option for buyers and developers alike.
As the average price for Multi-Family properties rises by 22% in Chittenden County, investors turn to Franklin County with the convenient location off of I-89 and average pricing near $200,000.
Meticulous & well-maintained do not even begin to describe this 4 bedroom Colonial on .5 acre lot in the very desirable hill section of St. Albans. MLS# 4687255
Single Family
Median Sale Price:
Average Sale Price:
Units Sold:
Newly Listed:
Days on Market:
$204,500 (+1%)
$215,586 (+3%)
264 (+16.8%)
448 (+6.2%)
111 (-5.9%)
Condo
Median Sale Price:
Average Sale Price:
Units Sold:
Newly Listed:
Days on Market:
$175,000 (-15.4%)
$192,169 (-10.4%)
29 (+31.8%)
31 (-3.1%)
188 (+39.3%)
After a slow start to 2018, home sales in Franklin County rebounded during the 2nd quarter of 2018 – increasing nearly 17% over the first half of 2017.
With inventory for sale still at historic lows, the number of newly listed properties improved – providing new options for buyers searching for affordable living. Franklin County has the lowest median sale price among the four counties in northwest Vermont. Town by town the data varies. Fairfax, situated between Burlington and St. Albans, has the highest median sale price at $282,000 while St. Albans and Swanton had the most closed sales.
Meticulous & well-maintained do not even begin to describe this 4 bedroom, 4 bath Colonial home located on .5 acre lot in the very desirable hill section of St. Albans. MLS# 4687255
Single Family
Median Sale Price:
Average Sale Price:
Units Sold:
Newly Listed:
Days on Market:
$184,000 (-6.2%)
$201,289 (-3.2%)
93 (-7.9%)
161 (+10.3%)
129 (+12.2%)
Condo
Median Sale Price:
Average Sale Price:
Units Sold:
Newly Listed:
Days on Market:
$171,450 (-27%)
$191,359 (-12.8%)
12 (+9.1%)
16 (+14.3%)
228 (+48.1%)
Home buyers find affordability and options across Franklin County.
The number of new properties listed during the start of 2018 has increased, and the total number of homes available to purchase has stabilized.
Enjoy easy living in this 3 bedroom, 3 bath Colonial with nice deck off the dining area and attached 2 car garage in Fairfax.| MLS# 4672830
Single Family
Median Sale Price:
Average Sale Price:
Units Sold:
Newly Listed:
Days on Market:
$214,950 (+ 5.3%)
$215,399 (+3.4%)
530 (-6.4%)
785 (-3.3%)
120 (+11.1%)
Condo
Median Sale Price:
Average Sale Price:
Units Sold:
Newly Listed:
Days on Market:
$214,950 (+ 5.3%)
$215,399 (+3.4%)
530 (-6.4%)
785 (-3.3%)
120 (+11.1%)
Inventory continues to tighten in Franklin County, which remains the most affordable market in this northwestern Vermont report.
The median sale price of a single-family home in Franklin County is $214,950, up 5% from 2016, and the median sale price of a condo is $196,438, up 1%.
However, the number of single-family homes sold dropped nearly 6.5% (to 530) while the number of newly listed homes dropped 3% (to 785). Single-family homes are staying on the market longer, too — up 11% to 120 days.
In 2016, Franklin County benefitted from the shrinking inventory in nearby Chittenden County and posted an 18% increase in residential sales. In 2017, St. Albans and Swanton slowed from their highs of the previous year, while some of the outlying towns — such as Enosburgh, Sheldon, Richford, and Montgomery — posted double-digit increases in sales, perhaps due to their proximity to the Jay Peak ski region and Canada.
Fairfax saw a 7% increase in the median sale price of a single-family home — one of the highest in the county, though still quite affordable.
Picturesque brick farmhouse situated on 5 acres in Highgate.
Single Family
Median Sale Price:
Average Sale Price:
Units Sold:
Newly Listed:
Days on Market:
$212,500 (+2.2%)
$214,728 (+3.3%)
393 (-11.9%)
651 (-8.6%)
122 (+15.1%)
Condo
Median Sale Price:
Average Sale Price:
Units Sold:
Newly Listed:
Days on Market:
$196,688 (-0.7%)
$211,761 (+3.6%)
34 (+30.8%)
52 (-17.5%)
129 (-40.3%)
Franklin County remains the most affordable county included in this report. The median price of single-family homes sold YTD is $212,500, compared to $322,500 in nearby Chittenden County.
The tightening of Chittenden County inventory during the past few years has sent buyers north to Franklin County and south to Addison County, in search of more affordable properties.
While the number of homes sold in Franklin County has jumped by 20% since Q3 2014, the inventory of available homes for sale has not kept pace with demand. Since Q3 2014, single-family homes available for sale has declined 30%.
After two years of healthy growth in terms of sale price and units sold, single-family home sales dropped nearly 12% YTD – an indication of market normalization and low inventory. Construction of new condominiums in the county have remained in demand, with a steady increase of 30% in the number of transactions closed.
The most affordable county in northwest Vermont – Franklin County continues to draw buyers and investors seeking home ownership options. Town by town data varies widely with median prices and sales fluctuating based upon proximity to interstate 89, Lake Champlain or in second home areas. 
Accounting for nearly half the sales in the county, St. Albans and Swanton, together, posted healthy improvements in the median sales price after slight declines in 2018. Fairfax and Fletcher continue to thrive with the number of closed sales increasing year after year.
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