New analysis from the Vermont Housing Finance Agency shows that home prices continued to increase over the first half of 2022. Addison County has the fourth-highest home prices in the state--surpassed only by Chittenden, Grand Isle, and Lamoille Counties--and had the fifth-largest increase, at 7% over 2021 home prices. Median sale price now tops $300,000 overall, and $320,000 for single-family homes. A family would need to earn $93,000 and have $30,000 available for closing costs in order to afford the median priced home, compared with median income of about $75,000.
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