Vermont Real Estate Market Report

Updated September 25, 2026 by Tony Walton, The Numbers Guy, New England Landmark Realty

Quick Answer

Vermont's median sale price was $438,280 in August 2026, up just 0.8% from a year earlier, while homes for sale rose 14.2% to 3,869. Prices are holding and buyers have more choice and more time. The pressure point is financing: the 30-year fixed rate averaged 7.03% on September 24, up from 6.30% a year ago.

Key Takeaways

Two-Sentence Summary

Vermont has moved from a seller's sprint to a steadier, more balanced market: flat prices, more listings, and longer marketing times. Well-priced homes still sell. Overpriced homes now sit.

If You Only Remember 3 Things

1. Prices are flat, not falling. The statewide median rose 0.8% year over year in August 2026.
2. Buyers have leverage they haven't had in years: 14.2% more homes for sale and 69 median days on market.
3. Rates matter more than price right now. At 7.03% versus 6.30%, the monthly principal and interest on a median-priced home with 20% down rises by about $170.

Quick Facts

• Median sale price (Vermont, Aug 2026): $438,280, up 0.8% year over year
• Homes sold (Aug 2026): 683, up 6.2%
• Homes for sale: 3,869, up 14.2%
• Median days on market: 69, 11 days longer than a year ago
• Sale-to-list ratio: 97.1%
• Sold above list price: 19.6%, down 2.9 points
• 30-year fixed rate (Sept 24, 2026): 7.03%; 15-year: 6.42%

Vermont Home Prices: Flat Is the New Normal

The statewide median sale price was $438,280 in August 2026, a 0.8% gain over August 2025. That is not a correction. It is a plateau. Five years of steep appreciation have met higher borrowing costs, and prices have stopped climbing without giving ground.

Sales volume tells the same story. Vermont recorded 683 sales in August, up 6.2% from a year earlier. Buyers have not left the market. They are negotiating harder: the average home sold for 97.1% of its list price, and only 19.6% of homes sold above asking, down 2.9 points from a year ago.

Inventory Is Finally Rising

Vermont had 3,869 homes for sale in August 2026, up 14.2% year over year. At August's sales pace, that works out to roughly five to six months of supply. That is the traditional line between a seller's market and a balanced one.

More inventory changes behavior on both sides. Median days on market reached 69, 11 days longer than a year earlier. Buyers can compare, inspect, and negotiate. Sellers who price for the 2022 market wait. Sellers who price for this one sell.

County Snapshot: Chittenden, Washington, and Lamoille

Single-family results for January through June 2026, compared with the first half of 2025:

• Chittenden County: median $577,000 (down 2.2%), 421 sales (down 9.1%), 42 days on market
• Washington County: median $400,000 (down 2.8%), 202 sales (down 3.8%), 59 days on market
• Lamoille County (including Stowe): median $530,000 (up 6.0%), 97 sales (unchanged), 81 days on market

Central Vermont remains the value play. Washington County's median sits $177,000 below Chittenden's. Lamoille is the one county of the three still posting price gains, driven by Stowe's resort demand. Stowe buyers should also factor in the town's new short-term rental license rules before counting on rental income.

Mortgage Rates and Buying Power

Freddie Mac's 30-year fixed average was 7.03% on September 24, 2026, up from 6.95% the week before and 6.30% a year earlier. The 15-year averaged 6.42%.

Here is what that costs. On a $438,280 home with 20% down, principal and interest run about $2,340 a month at 7.03%, compared with about $2,170 at 6.30%. That's roughly $170 a month, or about $2,000 a year, for the same house. Taxes and insurance come on top of that.

Price negotiations now carry real weight. A buyer who negotiates 3% off list on a median home saves about $13,000, which offsets a meaningful share of the rate increase.

What This Means for Sellers

Price to the market you are in. With 69 median days on market and fewer bidding wars, the first two weeks decide most outcomes. A home priced right and presented well still draws strong offers. A home priced on hope collects price reductions, and every reduction signals weakness to the next buyer. Our Vermont seller's guide walks through pricing and preparation step by step.

What This Means for Buyers

This is the most room Vermont buyers have had in several years. Get fully pre-approved, compare lenders, and use inspection and appraisal contingencies. Sellers are more willing to accept them now. Budget for closing costs too. Our Vermont closing costs guide breaks down what to expect, and the Vermont home buying guide covers the full process.

Live Vermont Market Data and Town Reports

The figures above are monthly and semiannual snapshots. For today's active, pending, and sold listings, use our live Vermont Market Report, or go straight to a town:

• Waterbury Market
• Waitsfield Market
• Warren Market
• Fayston Market
• Moretown Market

Frequently Asked Questions

Are Vermont home prices dropping?

No. The statewide median sale price was $438,280 in August 2026, up 0.8% from a year earlier. Prices are flat, not falling, though some counties posted small first-half declines.

Is it a buyer's or seller's market in Vermont?

It is moving toward balanced. Inventory is up 14.2%, homes take a median of 69 days to sell, and fewer than one in five sells above list price.

What are mortgage rates in Vermont right now?

Freddie Mac's national 30-year fixed average was 7.03% on September 24, 2026, and the 15-year averaged 6.42%. Your rate depends on credit, down payment, and loan type.

Which Vermont county is most affordable?

Of Chittenden, Washington, and Lamoille, Washington County had the lowest single-family median at $400,000 for January through June 2026.

How long does it take to sell a home in Vermont?

The statewide median was 69 days on market in August 2026, 11 days longer than a year earlier. Well-priced homes in good condition sell faster.

What to Do Next

Numbers tell you where the market is. A local broker tells you where your home or your search fits in it. Call our office at 802-253-4711 or reach Tony Walton directly at 802-233-4107 for a free, specific market analysis, or get an instant home valuation and contact our team online.

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• Selling Your Vermont Home: The Ultimate Seller's Guide
• Buying a Vermont Home: The Ultimate Buyer's Guide
• Vermont Closing Costs Guide

Sources

• Redfin, Vermont Housing Market (August 2026 data): median sale price, homes sold, inventory, days on market, sale-to-list, above-list share
• Coldwell Banker Hickok & Boardman, Mid-Year 2026 Market Report (NEREN data): county single-family figures, January to June 2026
• Freddie Mac Primary Mortgage Market Survey, September 24, 2026: 30-year and 15-year rates
• Monthly payment and months-of-supply figures calculated by New England Landmark Realty from the sources above