Grand Isle County Market Results

This beautiful custom-built 4 bedroom, 3 bath Victorian home on 73 acres in Isle La Motte was sold in February 2021
Single Family January-December 2021  
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$380,000 +23.8% $420,918 +0.3%167 -5.7%179 -15.6%67 -47%
Condos January-December 2021  
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$360,000 $360,000 1 1 3

Surrounded by Lake Champlain, Grand Isle County has long been a destination for Vermonters and tourists alike. As lifestyles changed as a result of the global pandemic, Grand Isle proved desirable for those able to work remotely. With a quick drive to Chittenden County, Franklin County, and Burlington International Airport – the number of homes sold over the past 2 years has increased while the number of homes coming on the market declined nearly 16% – mostly during the second half of 2021. This drove the median price up by 24% to $380,000 – a considerably higher increase than the region. Inventory was absorbed more quickly in 2021, with the average days on market (DOM) dropping to 67 days – or just over 2 months from listing to close. Alburgh led the county with 28% of the closed sales. Affordability in this northernmost town, coupled with the greatest number of new listings on the market likely contributes to these results.  

 MEDIAN SALE PRICEVS 2020UNITS SOLDVS 2020NEWLY LISTEDVS 2020DAYS ON MARKET
Grand Isle County Single-Family$380,000 23.80%167-5.70%179-15.60%67
Alburgh$267,450 30.50%467.00%553.80%70
Grand Isle$380,000 24.60%39-4.90%41-10.90%76
Isle La Motte$260,000 -29.40%15-21.10%18-18.20%27
North Hero$420,000 23.00%39-11.40%34-38.20%85
South Hero$470,996 18.00%28-6.70%31-13.90%45