Housing data

The median Vermont primary home sold for $259,900 during the first six months of 2021, compared to $245,000 throughout 2020, a six percent increase.

Vermont learned last month that its population grew by a slim 2.8% between 2010 and 2020, less than the national average of 7.4%. But by planning to invest millions in American Rescue Plan Act funds in homes and neighborhoods, Vermont policy makers have embraced the opportunity presented by this decade to accelerate community and economic vibrancy.

By 2030, the Upper Valley region will need to triple the pace of home building and conversions to meet projected demand from existing and future residents, according to the collaborative Keys to the Valley initiative. About one-third of the region’s households are cost burdened by paying more than 30% of their income for their housing.

Home sale prices in Vermont continued to rise in 2020 amidst the impact of the coronavirus pandemic. The median primary (non-vacation) home sold for $246,000, according to Vermont Property Transfer Tax records.

The median price of a non-vacation home in Vermont rose to $244,000, according to Vermont property transfer tax records for homes sold through September 30, 2020. While the 7% increase from 2019 may reflect increased demand from the pandemic’s “race for space,” Vermont is no stranger to rising home prices which have increased steadily since 2014.

Earlier this year, the U.S. Department of Housing and Urban Development (HUD) released its latest report on the characteristics of tenants living in apartments funded by federal housing tax credits as of 2017. The data reveals that Vermont renters living in tax credit housing are older and more racially diverse than Vermont households overall.

Despite the COVID pandemic's impacts on the 2020 Census, the statutory deadline for 2020 Census data collection has not been extended and complete and accurate data is critical.

Despite the impact of the coronavirus pandemic, Vermont home prices continued to climb in the first six months of 2020, based on the latest data from Vermont Property Transfer tax records. The median home sold for $234,940, a roughly 3% increase from 2019.

The Local Solutions and Community Action Team of the Vermont Governor’s Economic Mitigation and Recovery Task Force created a tool for municipalities and local leaders looking to expand the vibrancy of their communities.

Research conducted by VHFA for the 2020-2025 Vermont Housing Needs Assessment reveals that Vermont’s non-White households fare worse than White households according to numerous economic and housing-related metrics.