The market in numbers
Home values over the last two years
The typical home in Vermont was worth $367,200 in September 2024 and $357,700 in August 2026, a change of −2.6% over two years. That first month was the high point of the period, and values have not been back above it since.
Housing markets by metro
Typical home value, 12-month change and rents for each metro area in Vermont, largest first. Where a metro crosses a state line, the figures cover only its part inside Vermont. Of Vermont's ZIP codes, 84 lie outside any metro area.
| Metro area | ZIP codes | Home value | 12 months | Monthly rent | Gross yield |
|---|---|---|---|---|---|
| Burlington | 36 | $454,800 | +0.3% | $2,400 | 5.9% |
| Lebanon | 51 | $371,300 | +2.3% | n/a | n/a |
| Rutland | 25 | $323,900 | +2.8% | n/a | n/a |
| Barre | 17 | $392,400 | +1.0% | n/a | n/a |
| Bennington | 16 | $367,000 | +0.2% | n/a | n/a |
Home values by county
Of Vermont's 14 counties, Chittenden County has the highest typical home value, $538,800, and Essex County the lowest, $244,600. Among counties with at least five ZIP codes, Essex County has risen most over the year, up 5.9%, and Orange County has moved least, down 2.3%.
Show all 14 counties
| County | ZIP codes | Home value | 12 months | Monthly rent | Gross yield |
|---|---|---|---|---|---|
| Chittenden County | 16 | $538,800 | +1.3% | $2,400 | 6.0% |
| Grand Isle County | 5 | $511,300 | +3.6% | n/a | n/a |
| Windsor County | 27 | $416,400 | +4.3% | n/a | n/a |
| Addison County | 15 | $416,200 | +1.1% | n/a | n/a |
| Washington County | 17 | $392,400 | +1.0% | n/a | n/a |
| Lamoille County | 11 | $359,500 | −2.1% | n/a | n/a |
| Windham County | 23 | $356,400 | −0.8% | n/a | n/a |
| Bennington County | 14 | $352,800 | +1.9% | n/a | n/a |
| Franklin County | 12 | $348,200 | +2.1% | n/a | n/a |
| Rutland County | 25 | $323,900 | +2.8% | n/a | n/a |
| Orange County | 24 | $315,800 | −2.3% | n/a | n/a |
| Caledonia County | 13 | $308,300 | +2.8% | n/a | n/a |
| Orleans County | 19 | $303,200 | +2.3% | n/a | n/a |
| Essex County | 8 | $244,600 | +5.9% | n/a | n/a |
Where prices are rising fastest
The ten ZIP codes with the strongest change in home values over the past twelve months. Among the larger half of Vermont's ZIP codes by population, so that places with only a handful of sales a year do not crowd the list.
| ZIP code | Area | Home value | 12 months | 5 yrs, per year |
|---|---|---|---|---|
| 05830 | Holland | $251,700 | +7.7% | +5.3% |
| 05859 | Troy | $368,000 | +7.3% | +6.4% |
| 05764 | Poultney | $289,100 | +7.2% | +5.6% |
| 05845 | Irasburg | $315,900 | +6.5% | +3.6% |
| 05672 | Stowe | $1,039,800 | +6.2% | +3.8% |
| 05821 | Barnet | $344,500 | +6.2% | +4.5% |
| 05855 | Derby | $280,000 | +5.6% | +6.0% |
| 05487 | Starksboro | $419,100 | +5.5% | +4.1% |
| 05761 | Pawlet | $406,900 | +5.4% | +0.1% |
| 05743 | Fair Haven | $268,200 | +5.3% | +4.0% |
Where prices are falling
Across Vermont, 69 ZIP codes are below where they were a year ago. These are the ten largest declines among the larger half by population.
| ZIP code | Area | Home value | 12 months | From its peak |
|---|---|---|---|---|
| 05769 | Salisbury | $406,600 | −5.7% | −12.9% |
| 05075 | Thetford | $414,000 | −5.3% | −12.1% |
| 05036 | Brookfield | $391,300 | −4.9% | −13.4% |
| 05679 | Williamstown | $307,100 | −3.9% | −7.3% |
| 05039 | Corinth | $312,200 | −3.1% | −11.2% |
| 05656 | Johnson | $344,600 | −2.8% | −8.3% |
| 05301 | Brattleboro | $340,500 | −2.4% | −7.4% |
| 05045 | Fairlee | $394,800 | −2.4% | −7.6% |
| 05680 | Elmore | $359,500 | −2.1% | −10.2% |
| 05408 | Burlington | $460,500 | −2.1% | −4.1% |
Best rental yields
Gross yield is a year's rent divided by the home value, before costs. These are the highest yields among the larger ZIP codes with rent data.
| ZIP code | Area | Home value | Monthly rent | Gross yield | Rent, 12 months |
|---|---|---|---|---|---|
| 05403 | South Burlington | $482,600 | $2,600 | 6.5% | +1.6% |
| 05408 | Burlington | $460,500 | $2,500 | 6.4% | n/a |
| 05701 | Rutland | $288,800 | $1,500 | 6.3% | n/a |
| 05452 | Essex | $478,600 | $2,400 | 6.1% | n/a |
| 05404 | Winooski | $432,200 | $2,200 | 6.0% | −0.1% |
| 05201 | Bennington | $259,200 | $1,300 | 5.9% | n/a |
| 05478 | Saint Albans | $373,200 | $1,800 | 5.8% | n/a |
| 05446 | Colchester | $485,500 | $2,300 | 5.8% | n/a |
| 05301 | Brattleboro | $340,500 | $1,600 | 5.7% | +4.5% |
| 05641 | Barre | $316,200 | $1,400 | 5.4% | n/a |
Most affordable against local incomes
Home value divided by the median household income of the people who live in the ZIP code. A lower multiple means homes cost fewer years of local earnings. The state typical is 4.6×.
| ZIP code | Area | Home value | Median income | Price to income |
|---|---|---|---|---|
| 05033 | Bradford | $304,200 | $105,200 | 2.9× |
| 05257 | North Bennington | $306,700 | $94,400 | 3.2× |
| 05679 | Williamstown | $307,100 | $94,100 | 3.3× |
| 05151 | Weathersfield | $323,800 | $96,800 | 3.3× |
| 05457 | Franklin | $327,100 | $96,900 | 3.4× |
| 05822 | Barton | $260,700 | $76,100 | 3.4× |
| 05036 | Brookfield | $391,300 | $109,600 | 3.6× |
| 05830 | Holland | $251,700 | $70,400 | 3.6× |
| 05454 | Fairfax | $460,400 | $128,200 | 3.6× |
| 05824 | Concord | $262,700 | $72,500 | 3.6× |
Who is moving in
Household moves between the 2022 and 2023 tax years, measured county by county. Summed across its counties, Vermont lost 748 households on net, yet the households that arrived brought $174m more income than those that left. Of its 14 counties, five gained households. The tables show the largest gains and losses; the last column is how much more, or less, the average arriving household earned than the average household that left.
| County | Net households | Net income moved | Arrivals vs leavers, per household |
|---|---|---|---|
| Rutland County | +262 | +$37m | +$8,170 |
| Orleans County | +50 | +$1m | −$1,490 |
| Franklin County | +42 | +$26m | +$9,908 |
| Caledonia County | +38 | +$15m | +$8,701 |
| Essex County | +16 | +$8m | +$20,707 |
| Orange County | −14 | +$12m | +$7,205 |
| Grand Isle County | −42 | −$14m | −$18,174 |
| Addison County | −64 | +$32m | +$19,182 |
| County | Net households | Net income moved | Arrivals vs leavers, per household |
|---|---|---|---|
| Chittenden County | −412 | −$46m | −$1,517 |
| Lamoille County | −192 | +$28m | +$25,953 |
| Washington County | −142 | +$24m | +$10,251 |
| Windsor County | −134 | +$14m | +$6,783 |
| Bennington County | −88 | +$28m | +$19,152 |
What CITIZEN sees
CITIZEN grades every US ZIP code on one national scale, reading price and its direction, rent, local earnings, resident equity and where buyers and their money are arriving from. Grades are ranks: an A is the top 10% of the country, an F the bottom 10%. In Vermont, 2 of 229 ZIP codes grade A and 45 grade F. Which ones, and why, is in CITIZEN.
Questions
Are home prices going up or down in Vermont?
Up. Home values across Vermont are up 1.2% over the past twelve months, to a typical $358K, and 160 of its 229 ZIP codes are higher than a year ago.
What is the typical home value in Vermont?
$357,700 across Vermont's 229 ZIP codes, as of August 2026. Among its metro areas, the typical home ranges from $323,900 in Rutland to $454,800 in Burlington.
What is the cheapest place to buy a house in Vermont?
Among Vermont's metro areas with at least eight ZIP codes, Rutland has the lowest typical home value, $323,900. Among the larger half of its ZIP codes, 05846 in Brighton is the cheapest, at $245,800.
Where are home prices rising fastest in Vermont?
05830 in Holland (+7.7%), 05859 in Troy (+7.3%) and 05764 in Poultney (+7.2%), over the past twelve months, among the larger half of its ZIP codes.
What is the typical rent in Vermont?
About $2,000 a month, across the 15 ZIP codes with rent data, up 1.2% over the past year.
Are people moving to Vermont?
On balance, no. Between the 2022 and 2023 tax years, Vermont lost 748 households on net from moves, summed across its counties.
Other states
- New Hampshire
- Massachusetts
- New York
- Maine
- Rhode Island
- Connecticut
- New Jersey
- Pennsylvania
- All states
- Rankings
Sources and method
- Source: CITIZEN, Lualdi Advisors' US housing market intelligence. Home values and rents through August 2026; household incomes 2020 to 2024; migration for tax years 2022 to 2023.
- State, metro and county figures are medians across their ZIP codes, not a separate index. The two-year chart is the median ZIP value for each month. Grades and scores are CITIZEN's own.
- ZIP code lists use the larger half of the state's ZIP codes by population.
- Updated monthly. Last updated 2026-10-14.
