The Vermont Real Estate Market: 2024 Trends

I want to... 🏠 Sell my home | 🗝️ Buy a home | 🗺️ Find a new place to live in Vermont

💡 Key Vermont housing market facts

Data PointValueRankCompared to National Avg
Typical Home Value $373,001[1]#22 of 50 states5.3% higher
Median Listing Price $479,000[2]#18 of 50 states9.5% higher
Median Sale Price $379,500[3]#21 of 50 states2.6% lower
30 Year Mortgage Rate 7.05%[4]#42 of 50 states1.1% higher
Median Days on Market 59[5]#40 of 50 states18.2% longer
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🗺️ Buying a house in the Vermont real estate market

Vermont has an affordability score of 6, meaning it takes 6 years of the median household income ($63,477) to afford Vermont's median home sale price ($379,500). Because of this, we rank Vermont as the 22nd least affordable state for buyers based strictly on prices compared to income.

Data PointValueRankCompared to National Avg
Median Sale Price $379,500[6]#21 of 50 states2.6% lower
30 Year Mortgage Rate 7.05%[7]#42 of 50 states1.1% higher
Median Household Income $63,477[8]#23 of 50 states1.6% lower
Affordability Ratio 6.0#29 of 50 states0% lower
Buyers Agent Commission 2.66%[9]#23 of 50 states0.6% lower
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Resources for Vermont home buyers

🗺️ Selling a house in the Vermont real estate market

According to our detailed survey of Vermont real estate agents, listing agents (those representing the seller) charge an average commission in Vermont of 2.83%, which is the 24th lowest in the United States. Buyers' agents charge an average commission of 2.66%, which is the 23rd lowest in the United States.

Data PointValueRankCompared to National Avg
Median Listing Price $479,000[10]#18 of 50 states9.5% higher
Median Sale Price $379,500[11]#21 of 50 states2.6% lower
Median Days on Market 59[12]#40 of 50 states18.2% longer
Buyer's Agent Commission 2.66%[13]#23 of 50 states0.6% lower
Listing Agent Commission 2.83%[14]#24 of 50 states0.9% lower
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Resources for Vermont home sellers

Moving to Vermont

According to our recent moving trends survey[15], 6% of Americans indicated that they would choose to move to Vermont if money were no object.

Here's how Vermont cities rank in a number of our research studies.

StudyBest Vermont cityRank
Best Pizza Cities[16]No ranking Vermont citiesNo ranking Vermont cities
Best Coffee Cities[17]No ranking Vermont citiesNo ranking Vermont cities
Best LGBTQ Cities[18]No ranking Vermont citiesNo ranking Vermont cities
Best Bike Cities[19]No ranking Vermont citiesNo ranking Vermont cities
Best Commuter Cities[20]No ranking Vermont citiesNo ranking Vermont cities
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Article Sources

[1] Zillow – "Zillow Home Value Index". Updated February 29, 2024.
[2] Realtor.com – "Realtor.com Data Library". Updated March 2024.
[3] Redfin – "Redfin Data Center". Updated February 2024.
[4] Bankrate – "Bankrate". Updated April 2024.
[5] Realtor.com – "Realtor.com Data Library". Updated March 2024.
[6] Redfin – "Redfin Data Center". Updated February 2024.
[7] Bankrate – "Bankrate". Updated April 2024.
[8] US Census – "US Census, 2020 American Community Survey". Updated 2020.
[9] Clever Real Estate – "Clever Real Estate survey of American real estate agents". Updated April 2024.
[10] Realtor.com – "Realtor.com Data Library". Updated March 2024.
[11] Redfin – "Redfin Data Center". Updated February 2024.
[12] Realtor.com – "Realtor.com Data Library". Updated March 2024.
[13] Clever Real Estate – "Clever Real Estate survey of American real estate agents". Updated April 2024.
[14] Clever Real Estate – "Clever Real Estate survey of American real estate agents". Updated April 2024.
[15] Home Bay – "Half of Americans Are Surprised by How Much It Costs to Move". Updated February 26, 2024.
[16] Clever Real Estate – "The 15+ Best Pizza Cities in America". Updated February 12, 2024.
[17] Clever Real Estate – "The Best (and Worst) Coffee Cities in America". Updated January 12, 2024.
[19] Clever Real Estate – "The Most Bike-Friendly Cities in the U.S.". Updated July 17, 2023.
[20] Clever Real Estate – "The Best (and Worst) Cities for Commuters". Updated September 21, 2023.

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