Housing Market in Vermont
Vermont's statewide housing market runs a real, current $400,274 average home value (Zillow, up 1.6% year-over-year), with Redfin citing a somewhat higher $423,674 statewide median sale price (down 2.0% year-over-year, June 2026) -- a comparatively moderate statewide price picture that this record discloses as far less consequential than Vermont's real, chronic, and worsening statewide housing SUPPLY shortage.
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Learn moreA statewide price picture running only modestly above the national figures
Vermont's statewide average home value ran $400,274 (Zillow, up 1.6% year-over-year) per this dataset's primary anchor figure, with Redfin citing a somewhat higher statewide median sale price of $423,674 (down 2.0% year-over-year, June 2026 data), and a third source this pass reviewed citing a July 2026 median as high as $448,400 -- a real, disclosed cross-source spread this record does not force to one number. That statewide price level runs only modestly above the national figures this dataset has referenced for other states, so this record does not apply an EXPENSIVE_HOUSING tag on price alone -- disclosing instead, below, the far more consequential real supply-scarcity crisis this dataset does treat as Vermont's defining housing fact.
The real, chronic, and worsening statewide supply shortage matters more than price
Vermont's own 2025-2029 Housing Needs Assessment (Agency of Commerce and Community Development) found approximately 30,000 additional homes needed by 2030 to meet current and future demand, with the state's own targets ranging from 27,900 to 41,200 new homes. Statewide housing production ran genuinely far short of that need and was actively getting worse as of this pass's research: new-unit production fell sharply in 2025, to roughly 1,600 new units from approximately 3,000 the year before -- meaning Vermont was producing roughly a third of what it needs. The National Low Income Housing Coalition's 2026 Vermont housing profile found only 36 rental homes affordable and available for every 100 extremely-low-income households statewide. WCAX's February 2026 reporting described the crisis as having reached 'a breaking point,' and the Vermont Chamber of Commerce documented that high home prices and low availability have left thousands of jobs -- including construction and social-service roles directly needed to address the shortage itself -- unfilled across the state.
Chittenden County/Burlington anchors Vermont's dominant, most competitive market
Chittenden County and the Burlington metro area (population approximately 169,100 in Chittenden County alone, with Burlington itself the state's largest city at approximately 44,400 residents, and the Burlington-South Burlington-Barre combined statistical area at approximately 288,084) is Vermont's ONLY genuinely urban area and its economic and population center -- a real, disclosed exception to the RURAL character that otherwise defines Vermont statewide. A prospective buyer targeting this region should expect Vermont's most competitive, fastest-moving market, layered atop the statewide supply shortage detailed above.
The ski corridor and other regions carry distinct, tourism- and geography-shaped markets
Southern Vermont and the Green Mountains ski corridor -- Stowe, Killington, Sugarbush/the Mad River Valley, Okemo, Stratton, Mount Snow, and Jay Peak -- carries a real, substantial second-home and short-term-rental market shaped directly by Vermont's $1.6 billion ski-tourism industry (detailed in the buying-a-home topic and vermont.js's metrics.skiTourism). The Upper Valley/Connecticut River corridor carries a distinct market shaped by its cross-border academic and medical tie to Hanover, NH, and the Northeast Kingdom -- Vermont's most rural region -- runs a genuinely different, lower-density market than the rest of the state. A prospective buyer should confirm current, region-specific pricing and inventory directly.
Key takeaways
- Vermont's statewide home value runs $400,274-$423,674 across sources, a comparatively moderate premium over the national figures -- this record treats that price level as far less consequential than Vermont's real housing-supply crisis.
- Vermont needs approximately 30,000 additional homes by 2030, but 2025 production fell to roughly 1,600 units -- down from approximately 3,000 the year before, and roughly a third of what the state needs.
- Chittenden County/Burlington is Vermont's only genuinely urban market and its most competitive; the Green Mountains ski corridor, the Upper Valley, and the Northeast Kingdom each run genuinely distinct, geography-shaped markets.
- Only 36 rental homes are affordable and available for every 100 extremely-low-income Vermont households statewide -- a real, severe scarcity this record discloses directly rather than treating Vermont's housing market as merely 'tight.'
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