{"id":4973,"date":"2025-01-27T15:38:28","date_gmt":"2025-01-27T20:38:28","guid":{"rendered":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/?p=4973"},"modified":"2025-07-22T16:10:16","modified_gmt":"2025-07-22T20:10:16","slug":"franklin-county-early-2025-market-report","status":"publish","type":"post","link":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/2025\/01\/franklin-county-early-2025-market-report\/","title":{"rendered":"Franklin County Early 2025 Market Report"},"content":{"rendered":"<figure id=\"attachment_5093\" aria-describedby=\"caption-attachment-5093\" style=\"width: 1014px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-5093 size-full\" src=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2025\/01\/Montgomery-Vt-Home-for-Sale.jpg\" alt=\"\" width=\"1024\" height=\"576\" srcset=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2025\/01\/Montgomery-Vt-Home-for-Sale.jpg 1024w, https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2025\/01\/Montgomery-Vt-Home-for-Sale-300x169.jpg 300w, https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2025\/01\/Montgomery-Vt-Home-for-Sale-768x432.jpg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption id=\"caption-attachment-5093\" class=\"wp-caption-text\"><a href=\"https:\/\/www.hickokandboardman.com\/real-estate\/montgomery\/384-north-main-street\/5027756.html\">384 North Main Street, Montgomery, VT <\/a>~ Only 15 minutes to Jay Peak Resort! Beautifully updated and maintained 1,400 sq. ft. 2-bed, 2-bath home in the heart of Montgomery Center on a rare 2-acre lot!<\/figcaption><\/figure>\n<p><strong>In 2024, the <a href=\"https:\/\/www.hickokandboardman.com\/vermont\/franklin-county.html\">Franklin County real estate<\/a> market showed mixed trends, with rising prices but a slight decline in sales volume across property types. Single-family homes saw a 6.7% increase in median sales price, reaching $375,500, while average sales prices rose 8.25% to $397,759. However, units sold dropped slightly by 1.6%, totaling 446 homes. <a href=\"https:\/\/www.hickokandboardman.com\/vermont\/special-markets\/condos-townhomes-sale-franklin-county.html\">Condominiums<\/a> experienced significant growth with a 10% rise in median sales price to $313,500 and a 43.24% increase in units sold, reflecting strong demand.<\/strong><\/p>\n\n<table id=\"tablepress-597\" class=\"tablepress tablepress-id-597 market_averages tablepress-responsive\">\n<thead>\n<tr class=\"row-1\">\n\t<th colspan=\"3\" class=\"column-1\">Single-Family January-December 2024<\/th><th class=\"column-4\"><\/th><th class=\"column-5\"><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr class=\"row-2\">\n\t<td class=\"column-1\">Median Sale Price:<\/td><td class=\"column-2\">Average Sale Price:<\/td><td class=\"column-3\">Units Sold:<\/td><td class=\"column-4\">Newly Listed:<\/td><td class=\"column-5\">Days on Market:<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\"> $375,500 \t6.7%<\/td><td class=\"column-2\"> $397,759 \t8.3%<\/td><td class=\"column-3\">446\t-1.6%<\/td><td class=\"column-4\">588\t8.3%<\/td><td class=\"column-5\">40\t11.1%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n<table id=\"tablepress-598\" class=\"tablepress tablepress-id-598 market_averages tablepress-responsive\">\n<thead>\n<tr class=\"row-1\">\n\t<th colspan=\"3\" class=\"column-1\">Condos January-December 2024<\/th><th class=\"column-4\"><\/th><th class=\"column-5\"><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr class=\"row-2\">\n\t<td class=\"column-1\">Median Sale Price:<\/td><td class=\"column-2\">Average Sale Price:<\/td><td class=\"column-3\">Units Sold:<\/td><td class=\"column-4\">Newly Listed:<\/td><td class=\"column-5\">Days on Market:<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\"> $313,500 \t10.0%<\/td><td class=\"column-2\"> $323,281 \t7.4%<\/td><td class=\"column-3\">53\t43.2%<\/td><td class=\"column-4\">52\t-7.1%<\/td><td class=\"column-5\">42\t250.0%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n<div class=\"flourish-embed flourish-chart\" data-src=\"visualisation\/21115471\"><script src=\"https:\/\/public.flourish.studio\/resources\/embed.js\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/public.flourish.studio\/visualisation\/21115471\/thumbnail\" width=\"100%\" alt=\"Franklin County Median Sale Price &#038; Units Sold 2017-2024\" \/><\/noscript><\/div>\n<div class=\"flourish-embed flourish-chart\" data-src=\"visualisation\/21307656\"><script src=\"https:\/\/public.flourish.studio\/resources\/embed.js\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/public.flourish.studio\/visualisation\/21307656\/thumbnail\" alt=\"Chittenden County Median Sale Price by Property Type\" \/><\/noscript><\/div>\n<p><a href=\"https:\/\/www.hickokandboardman.com\/vermont\/special-markets\/multi-family-homes-sale-franklin-county.html\">Multi-family homes<\/a> saw a 14.7% increase in median sales price but a 6.9% decrease in units sold, indicating limited inventory. Land prices declined, with a 3.74% drop in median sales price to $90,000 and a 20.37% decrease in units sold.<\/p>\n<p>Over the past eight years, median prices for single-family homes have steadily risen from $215,000 in 2017 to $375,500 in 2024 &#8211; a 75% increase. However, units sold have decreased from 672 units in 2021 to 446 in 2024, likely due to limited inventory and rising costs.<\/p>\n<p>Towns like <a href=\"https:\/\/www.hickokandboardman.com\/vermont\/franklin-county\/fairfield-real-estate.html\">Fairfield<\/a>, <a href=\"https:\/\/www.hickokandboardman.com\/vermont\/franklin-county\/franklin-real-estate.html\">Franklin<\/a>, and <a href=\"https:\/\/www.hickokandboardman.com\/vermont\/franklin-county\/fletcher-real-estate.html\">Fletcher<\/a> saw the most significant growth, with Fairfield\u2019s median sales price rising by 68.89% to $442,500, Franklin\u2019s by 32.10% to $350,000, and Fletcher\u2019s by 33.33% to $540,000. <a href=\"https:\/\/www.hickokandboardman.com\/vermont\/franklin-county\/st-albans-real-estate.html\">St. Albans<\/a> led sales with 121 units sold, while <a href=\"https:\/\/www.hickokandboardman.com\/vermont\/franklin-county\/swanton-real-estate.html\">Swanton<\/a> saw notable median sales price appreciation (+17.42%) and 73 closed sales. Days on market(DOM) varied across towns, with <a href=\"https:\/\/www.hickokandboardman.com\/vermont\/franklin-county\/bakersfield-real-estate.html\">Bakersfield<\/a> and <a href=\"https:\/\/www.hickokandboardman.com\/vermont\/franklin-county\/fairfax-real-estate.html\">Fairfax<\/a> seeing relatively short DOM, while <a href=\"https:\/\/www.hickokandboardman.com\/vermont\/franklin-county\/montgomery-real-estate.html\">Montgomery<\/a> and <a href=\"https:\/\/www.hickokandboardman.com\/vermont\/franklin-county\/richford-real-estate.html\">Richford<\/a> experienced extended market exposure. Overall, Franklin County\u2019s market remains strong, but inventory constraints and price increases continue to shape buyer behavior.<\/p>\n<p><a name=\"section3\"><\/a><\/p>\n<pre class=\"lang-html s-code-block\"><\/pre>\n\n<table id=\"tablepress-579\" class=\"tablepress tablepress-id-579 tablepress-responsive\">\n<thead>\n<tr class=\"row-1 odd\">\n\t<th class=\"column-1\">Franklin County Single Family<\/th><th class=\"column-2\">Median Price<\/th><th class=\"column-3\">VS 2023<\/th><th class=\"column-4\">Units Sold<\/th><th class=\"column-5\">VS 2023<\/th><th class=\"column-6\">New Listings<\/th><th class=\"column-7\">VS 2023<\/th><th class=\"column-8\">Average DOM<\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-hover\">\n<tr class=\"row-2 even\">\n\t<td class=\"column-1\">Bakersfield<\/td><td class=\"column-2\">$340,000 <\/td><td class=\"column-3\">-4.90%<\/td><td class=\"column-4\">13<\/td><td class=\"column-5\">116.70%<\/td><td class=\"column-6\">13<\/td><td class=\"column-7\">30.00%<\/td><td class=\"column-8\">36<\/td>\n<\/tr>\n<tr class=\"row-3 odd\">\n\t<td class=\"column-1\">Berkshire<\/td><td class=\"column-2\">$290,000 <\/td><td class=\"column-3\">0.80%<\/td><td class=\"column-4\">12<\/td><td class=\"column-5\">0.00%<\/td><td class=\"column-6\">21<\/td><td class=\"column-7\">61.50%<\/td><td class=\"column-8\">24<\/td>\n<\/tr>\n<tr class=\"row-4 even\">\n\t<td class=\"column-1\">Enosburg<\/td><td class=\"column-2\">$294,500 <\/td><td class=\"column-3\">13.30%<\/td><td class=\"column-4\">26<\/td><td class=\"column-5\">13.00%<\/td><td class=\"column-6\">32<\/td><td class=\"column-7\">-5.90%<\/td><td class=\"column-8\">48<\/td>\n<\/tr>\n<tr class=\"row-5 odd\">\n\t<td class=\"column-1\">Fairfax<\/td><td class=\"column-2\">$503,250 <\/td><td class=\"column-3\">5.40%<\/td><td class=\"column-4\">46<\/td><td class=\"column-5\">-16.40%<\/td><td class=\"column-6\">53<\/td><td class=\"column-7\">1.90%<\/td><td class=\"column-8\">30<\/td>\n<\/tr>\n<tr class=\"row-6 even\">\n\t<td class=\"column-1\">Fairfield<\/td><td class=\"column-2\">$442,500 <\/td><td class=\"column-3\">68.90%<\/td><td class=\"column-4\">16<\/td><td class=\"column-5\">45.50%<\/td><td class=\"column-6\">22<\/td><td class=\"column-7\">29.40%<\/td><td class=\"column-8\">68<\/td>\n<\/tr>\n<tr class=\"row-7 odd\">\n\t<td class=\"column-1\">Fletcher<\/td><td class=\"column-2\">$540,000 <\/td><td class=\"column-3\">33.30%<\/td><td class=\"column-4\">5<\/td><td class=\"column-5\">-44.40%<\/td><td class=\"column-6\">8<\/td><td class=\"column-7\">-27.30%<\/td><td class=\"column-8\">27<\/td>\n<\/tr>\n<tr class=\"row-8 even\">\n\t<td class=\"column-1\">Franklin<\/td><td class=\"column-2\">$350,000 <\/td><td class=\"column-3\">32.10%<\/td><td class=\"column-4\">11<\/td><td class=\"column-5\">0.00%<\/td><td class=\"column-6\">20<\/td><td class=\"column-7\">25.00%<\/td><td class=\"column-8\">35<\/td>\n<\/tr>\n<tr class=\"row-9 odd\">\n\t<td class=\"column-1\">Georgia<\/td><td class=\"column-2\">$446,500 <\/td><td class=\"column-3\">1.60%<\/td><td class=\"column-4\">41<\/td><td class=\"column-5\">0.00%<\/td><td class=\"column-6\">47<\/td><td class=\"column-7\">11.90%<\/td><td class=\"column-8\">21<\/td>\n<\/tr>\n<tr class=\"row-10 even\">\n\t<td class=\"column-1\">Highgate<\/td><td class=\"column-2\">$328,000 <\/td><td class=\"column-3\">3.30%<\/td><td class=\"column-4\">25<\/td><td class=\"column-5\">-10.70%<\/td><td class=\"column-6\">41<\/td><td class=\"column-7\">36.70%<\/td><td class=\"column-8\">19<\/td>\n<\/tr>\n<tr class=\"row-11 odd\">\n\t<td class=\"column-1\">Montgomery<\/td><td class=\"column-2\">$369,500 <\/td><td class=\"column-3\">9.00%<\/td><td class=\"column-4\">18<\/td><td class=\"column-5\">-10.00%<\/td><td class=\"column-6\">20<\/td><td class=\"column-7\">-28.60%<\/td><td class=\"column-8\">67<\/td>\n<\/tr>\n<tr class=\"row-12 even\">\n\t<td class=\"column-1\">Richford<\/td><td class=\"column-2\">$215,000 <\/td><td class=\"column-3\">2.40%<\/td><td class=\"column-4\">21<\/td><td class=\"column-5\">-27.60%<\/td><td class=\"column-6\">28<\/td><td class=\"column-7\">-30.00%<\/td><td class=\"column-8\">72<\/td>\n<\/tr>\n<tr class=\"row-13 odd\">\n\t<td class=\"column-1\">Sheldon<\/td><td class=\"column-2\">$339,950 <\/td><td class=\"column-3\">0.00%<\/td><td class=\"column-4\">18<\/td><td class=\"column-5\">20.00%<\/td><td class=\"column-6\">25<\/td><td class=\"column-7\">38.90%<\/td><td class=\"column-8\">33<\/td>\n<\/tr>\n<tr class=\"row-14 even\">\n\t<td class=\"column-1\">St. Albans<\/td><td class=\"column-2\">$375,000 <\/td><td class=\"column-3\">10.30%<\/td><td class=\"column-4\">121<\/td><td class=\"column-5\">0.80%<\/td><td class=\"column-6\">168<\/td><td class=\"column-7\">20.00%<\/td><td class=\"column-8\">42<\/td>\n<\/tr>\n<tr class=\"row-15 odd\">\n\t<td class=\"column-1\">Swanton<\/td><td class=\"column-2\">$387,500 <\/td><td class=\"column-3\">17.40%<\/td><td class=\"column-4\">73<\/td><td class=\"column-5\">0.00%<\/td><td class=\"column-6\">90<\/td><td class=\"column-7\">-2.20%<\/td><td class=\"column-8\">46<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n","protected":false},"excerpt":{"rendered":"<p>In 2024, the Franklin County real estate market showed mixed trends, with rising prices but a slight decline in sales volume across property types. Single-family homes saw a 6.7% increase in median sales price, reaching $375,500, while average sales prices rose 8.25% to $397,759. However, units sold dropped slightly by 1.6%, totaling 446 homes. Condominiums &#8230; <a class=\"read-more\" href=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/2025\/01\/franklin-county-early-2025-market-report\/\">Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"_links":{"self":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/4973"}],"collection":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/comments?post=4973"}],"version-history":[{"count":10,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/4973\/revisions"}],"predecessor-version":[{"id":5156,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/4973\/revisions\/5156"}],"wp:attachment":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/media?parent=4973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/categories?post=4973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/tags?post=4973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}