2026 Chittenden County Rental Market

 
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The local rental market has loosened compared to a few years ago. After an extended stretch of extremely low vacancy, a large number of new apartments have come online, giving renters more options and easing pressure on pricing. Demand remains solid, but the market now feels more balanced than it did during the pandemic-era shortage. Growth is still happening, but at a pace that’s closer to normal than what the market saw over the past few years.

2025 Apartment Growth
2025 stands out as one of the stronger apartment delivery years on record, with just over 570 new units completed by year-end. Most of this supply is already finished or nearing completion, meaning it is actively entering the market. After rental rates rose sharply during the 2020–2022 period as extremely low vacancy and construction delays put heavy pressure on the rental market, the influx of new inventory since 2023 has helped slow the pace of rental rate increases.

Vacancy Rates
Locally, vacancy has risen from historic lows under 1% to the mid-2% to mid-3% range. That’s a noticeable shift, but still a healthy level by long-term standards.
Nationally, the same pattern is playing out, as heavy apartment construction has pushed vacancy higher in many markets. The local market remains tighter than many larger metros, but it’s clearly following the broader trend. Bottom line, local vacancy is no longer a crisis-level issue, but it hasn’t swung so far that the market feels oversupplied.

2026 Projected Apartment Growth
Apartment growth is expected to remain strong in 2026, with roughly 550 new units projected, still well above historical averages. Most are already under construction, making the outlook fairly reliable, with much of the supply expected to come online mid-year and potentially keep vacancy elevated. Beyond 2026, growth becomes less certain and is expected to slow as higher costs, interest rates, and rising vacancy lead some projects to pause or delay.

Typical Rents for Newly Built Apartments

Unit TypeGeneral RangeCentral Tendency
Studio$1,500 - $2,800$1,700-1950 +/-
1 Bedroom$1,700 - $3,550$1,990 – $2,400 +/-
2 Bedroom$2,700 - $5,950$2,400 - $2,900 +/-

2026 Multi-Family Homes Market Report

410 Saint Paul Street, Burlington, VT ~ Burlington duplex featuring two updated 2-bedroom units with plenty of off-street parking. Both units have been recently renovated with upgraded kitchens, bathrooms, and are beautiful!
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Across Northwest and Central Vermont, the multi-family market in 2025 showed renewed strength and rising investor confidence, particularly for well-located properties with stable rental potential. Regionwide, the median multi-family price rose to $515,000, up more than 23% year over year, while sales activity increased modestly. Inventory receded slightly, helping support values, and days on market increased only marginally, signaling thoughtful deal evaluation rather than a slowdown.

MULTI-FAMILY HOMESMEDIAN SALE PRICEVS 2024UNITS SOLDVS 2024NEWLY LISTEDVS 2024DAYS ON MARKETVS 2024
Northwest & Central Vermont$515,00023.40%1716.90%284-1.10%664.80%
Chittenden County$580,000-0.90%10333.80%1613.20%540%
Addison County$430,0002.40%100.00%1416.70%7464.40%
Franklin County$395,00020.20%21-25.00%32-20.00%10610.40%
Grand Isle County00.00%00.00%433.30%00.00%
Washington County$345,00021.10%37-17.80%73-4.00%7417.50%
Lamoille County$542,500107.10%18157.10%3488.90%10081.80%

Performance varied by county: Chittenden County remained the most liquid and active market, absorbing increased sales volume with stable pricing; Lamoille County stood out for dramatic price growth driven by limited supply and resort-influenced rental demand; Washington County posted strong price gains despite fewer transactions, reflecting selective but confident buyers; Franklin County saw rising prices alongside longer market times, highlighting the importance of pricing accuracy; and Addison County remained small and steady with limited turnover.

Overall, the multi-family sector in 2025 is fundamentals-driven, supported by tight rental conditions and long-term demand, rewarding well-located, well-maintained, and accurately priced properties. Investors are active, but disciplined, and pricing continues to reflect strong rental demand. Success in this segment hinges on location, condition, and realistic expectations, making local market knowledge more important than ever.

2026 Vermont Mortgage Update

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Vermont’s housing market in 2025 moved toward better balance as inventory slowly increased and price growth moderated. While affordability remained a challenge for many buyers, easing mortgage rates in the second half of the year helped improve purchasing power. Union Bank continued to see strong, steady demand for mortgage financing across the state, led by well qualified local buyers and repeat homeowners leveraging significant home equity gains.

One standout in 2025 was continued interest in construction and renovation lending, as Vermont’s limited housing stock encouraged many borrowers to build or improve existing homes. Union Bank’s Construction to Permanent program remained one of our most utilized options, offering a single close solution that helps borrowers manage costs and reduce uncertainty during the building process.

First time homebuyers continued to rely on VHFA programs, with Union Bank again ranking among the leading lenders helping Vermonters access down payment assistance and lower interest opportunities. Our LendTogether shared equity program also gained momentum in 2025, helping income eligible buyers achieve homeownership with reduced upfront costs while keeping long term affordability in mind.

With many homeowners holding low fixed rate loans, home equity borrowing remained a key focus. Union Bank saw elevated use of Home Equity Loans and Lines of Credit, as strong equity positions allowed customers to consolidate debt, fund renovations, or support major life expenses.

As we look ahead, Vermont buyers, builders, and homeowners continue to prioritize local expertise and flexible lending options. Union Bank remains committed to offering personalized, community focused mortgage solutions to help Vermonters reach their goals—no matter what 2026 brings.


NMLS# 402933

The information in this report is for informational purposes only and does not represent an offer or commitment to provide any product or service. Any rate quotes, prices or the physical information included have been obtained from sources believed to be dependable, but we do not guarantee their accuracy or completeness. Any mentions of third-party names, products, and services are for referential purposes only and are not meant to imply any sponsorship, endorsement, or affiliation unless otherwise noted. This information is based on current market conditions and is subject to change without notice.

Lamoille County Real Estate Market 2026

2283 Sterling Valley Road, Morristown, VT ~ Discover the perfect blend of country living and convenient access to all that Stowe has to offer.
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In 2025, Lamoille County continued to function as a dual-market shaped by Stowe’s year-round resort influence. Countywide single-family prices held steady at $539,250, reflecting a market that has reached a high plateau rather than weakening. Buyer activity remains solid, though more selective, with longer selling timelines especially outside core resort areas signaling a return to more traditional market behavior.

Single-Family January-December 2025
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$539,250 | -1.1% $830,325 | 2.9%248 | -2%352 | -4.9%73 | 35.2%
Condos January-December 2025
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$565,000 | 19% $878,043 | 23.2%103 | 2%164 | 0.6%67 | 67.5%

The resort impact is most visible in the condo and multi-family segments, where demand from second-home buyers and investors remains strong. Condo prices rose sharply, led by Stowe’s slope-side and village-adjacent properties, while multi-family pricing surged due to limited inventory and income potential tied to tourism.

Stowe’s influence extends into nearby towns such as Cambridge, Elmore, Hyde Park, and Morristown, where buyers seek relative value with easy access to resort amenities. More rural communities like Johnson, Eden, Wolcott, and Belvidere showed greater price sensitivity and longer days on market, reflecting stronger demand from primary-residence buyers.

TOWNMEDIAN SALE PRICEVS 2024UNITS SOLDVS 2024NEWLY LISTEDVS 2024DAYS ON MARKETVS 2024
Belvidere$330,000-24.1%10.0%5400.0%275275.0%
Cambridge$448,00015.6%34112.5%4353.6%4040.0%
Eden$349,950-6.7%16-5.9%19-5.0%6666.0%
Elmore$557,50032.7%1427.3%18-5.3%4444.0%
Hyde Park$400,0006.7%2353.3%24-20.0%7373.0%
Johnson$340,5004.1%19-13.6%343.0%9191.0%
Morristown$499,500-8.8%54-27.0%74-25.3%7676.0%
Stowe$1,265,0000.2%73-11.0%112-3.5%8484.0%
Waterville$200,000-56.5%3200.0%40.0%4242.0%
Wolcott$390,00046.0%11-21.4%19-5.0%9999.0%
TOWNMEDIAN SALE PRICEVS 2024UNITS SOLDVS 2024NEWLY LISTEDVS 2024DAYS ON MARKETVS 2024
Cambridge$235,000-38.4%12100.0%11-35.3%5984.4%
Morristown$313,000-23.8%1-50.0%20.0%4-79.0%
Stowe$631,25026.3%90-3.2%1514.9%6968.3%

Franklin County Real Estate Market 2026

137 St. Albans Road, Swanton, VT – Beautifully maintained 3 bedroom Colonial offering space, comfort and standout features throughout.
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Franklin County’s 2025 real estate market showed steady price growth and improving activity, particularly for single-family homes. The countywide median single-family price reached $400,000, up nearly 5.5% year over year, while unit sales also increased, signaling continued buyer interest. Inventory rose modestly, giving buyers more options and contributing to a slower pace of decision-making. Average days on market increased to about 50 days, reflecting a calmer, more balanced market rather than a decline in demand. Over the longer term, home values remain well above pre-2020 levels, reinforcing Franklin County’s appeal as an attractive alternative to Chittenden County.

Single-Family January-December 2025
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$400,000 | 5.5% $427,984 | 7.4%461 | 4.3%611 | 5.5%50 | 22%
Condos January-December 2025
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$337,500 | 7.7% $341,568 | 5.7%40 | -24.5%48 | -9.4%55 | 31%

At the town level, results varied widely. St. Albans City and Town anchor the county with the highest sales volume, stable pricing, and relatively quick market times. Georgia and Fairfax stood out for strong demand, rising prices, and steady turnover, driven in part by commuter appeal. Bakersfield and Fairfield recorded notable price gains, though lower transaction counts mean individual sales can significantly influence trends.

More rural communities such as Montgomery, Franklin, and Highgate saw softer pricing and longer marketing times, signaling increased buyer caution and the importance of accurate pricing.
Overall, Franklin County remains a stable, value-driven market. Homes that are well-priced and well-maintained continue to sell, while buyers benefit from increased choice and a more measured pace. Local knowledge remains key to navigating the county’s varied town-by-town dynamics.

TOWNMEDIAN SALE PRICEVS 2024UNITS SOLDVS 2024NEWLY LISTEDVS 2024DAYS ON MARKETVS 2024
Bakersfield$399,95017.6%1818.0%2161.5%25-30.6%
Berkshire$409,50051.7%66.0%8-57.9%55189.5%
Enosburg$312,5004.2%2222.0%27-10.0%9185.7%
Fairfax$525,0004.0%4747.0%6015.4%4033.3%
Fairfield$554,00025.2%99.0%14-30.0%8119.1%
Fletcher$500,000-7.4%1717.0%25212.5%4359.3%
Franklin$311,000-11.1%1010.0%18-10.0%86145.7%
Georgia$490,0009.7%4747.0%5925.5%3357.1%
Highgate$335,000-1.6%2424.0%33-17.5%3584.2%
Montgomery$272,000-26.4%1717.0%2840.0%8120.9%
Richford$235,0009.3%1717.0%27-6.9%12877.8%
Sheldon$383,00012.7%2121.0%278.0%69109.1%
St. Albans$399,0006.4%139139.0%164-1.8%37-11.9%
Swanton$375,000-3.2%6767.0%10012.4%508.7%

Grand Isle County Real Estate Market 2026

Grand Isle County is Vermont at a different pace. Lake Champlain sets the rhythm—summer days on the water, winter mornings on the ice. Small island towns, long views, and a commute to Burlington that still feels manageable.
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Grand Isle County remained a highly desirable, lifestyle-driven market in 2025, shaped by lake access, seasonal use, and long-term ownership. The countywide median single-family price rose to $542,500, more than double pre-2020 levels, reflecting limited inventory and sustained demand. While sales activity held steady, homes took longer to sell as buyers became more selective at higher price points. This continues to be a market driven by lifestyle decisions rather than quick turnover.

Single-Family January-December 2025
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$542,500 | 18.5% $705,686 | 32.8%112 | 3.7%162 | 3.9%59 | 25.5%
Condos January-December 2025
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$405,000 | -2.8% $405,000 | -2.8%2 | 100%2 | 0%82 | 141.2%

At the town level, Grand Isle led the county in pricing, with strong gains tied to waterfront and high-end sales, though buyers are taking a more deliberate approach. South Hero saw consistent demand and solid price growth, supported by a mix of year-round and seasonal homes. North Hero experienced increased sales alongside modest price softening, suggesting renewed interest when pricing aligns with value. Alburgh and Isle La Motte remain more attainable entry points, though limited sales activity can lead to greater variation in pricing and market pace.

Overall, Grand Isle County in 2025 remained a selective, location-driven market. Sellers benefit from limited competition, particularly for well-maintained waterfront properties, while buyers need to be patient and prepared especially in the upper price ranges.

TOWNMEDIAN SALE PRICEVS 2024UNITS SOLDVS 2024NEWLY LISTEDVS 2024DAYS ON MARKETVS 2024
Alburgh$360,00020.0%29-6.5%46-2.1%55-23.6%
Grand Isle$740,00052.6%29-3.3%4117.1%5762.9%
Isle La Motte$386,000-3.7%6-57.1%10-47.4%7852.9%
North Hero$535,000-4.4%2556.3%3337.5%5154.6%
South Hero$689,0009.8%2335.3%323.2%70105.9%

Washington County Real Estate Market 2026

1027 Butternut Hill Road, Unit G-2, Waitsfield, VT ~ Stunning Design – Completely Remodeled Throughout! Enjoy the quiet wooded setting just minutes from the ski trails of Sugarbush and Mad River Glen, or the clear waters of Blueberry Lake.
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Washington County’s 2025 real estate market reflects steady price growth with rising inventory and longer selling timelines, signaling a more balanced and deliberate environment. Single-family home prices increased at a sustainable pace, with the countywide median reaching $420,000, while sales volume rebounded. More homes came to market especially in mid-range price points easing pressure, though buyers are taking more time to compare options. Multi-family properties stood out, with pricing rising sharply due to limited supply and investor demand, while land values softened even as sales increased. Long-term trends remain positive, with prices nearly doubling since 2017, reinforcing the county’s underlying strength.

Single-Family January-December 2025
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$420,000 | 3.1% $509,203 | 1.5%552 | 16%722 | 13.3%46 | 39.4%
Condos January-December 2025
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$342,500 | 5.4 $382,422 | 8.7%104 | -11.9%144 | 3.6%49 | 88.5%

Conditions vary by town, underscoring the importance of local insight. Barre City and Barre Town continue to lead in sales volume, with relative affordability, steady demand, and quicker market times. Montpelier remains a stable, consistent market with moderate price growth. Waitsfield and Warren reflect their lifestyle-driven appeal, with higher prices and longer days on market as buyers move more deliberately.

Waterbury remains in demand but is seeing slower decision-making as inventory grows. Overall, Washington County is balanced and highly local. Well-priced homes are selling, but buyers are no longer rushing. Success for sellers depends on realistic pricing and strong presentation, while buyers benefit from increased choice and negotiating room—especially outside the most competitive village and resort markets

TOWNMEDIAN SALE PRICEVS 2024UNITS SOLDVS 2024NEWLY LISTEDVS 2024DAYS ON MARKETVS 2024
Barre$330,0003.8%1667.1%2079.5%3011.1%
Berlin$475,00028.4%205.3%297.4%5335.9%
Cabot$391,25042.5%12-7.7%1741.7%38-28.3%
Calais$492,500-7.1%13-31.6%21-16.0%51-30.1%
Duxbury$530,00019.5%1122.2%130.0%3413.3%
East Montpelier$462,000-25.5%2556.3%264.0%7094.4%
Fayston$711,000-24.3%22144.4%2450.0%63117.2%
Marshfield$382,5002.0%10-9.1%20-4.8%6353.7%
Middlesex$512,00013.8%2460.0%2420.0%3228.0%
Montpelier$476,0000.2%7116.4%9419.0%3680.0%
Moretown$433,750-34.3%14100.0%1788.9%55-17.9%
Northfield$341,00013.7%369.1%4925.6%4845.5%
Plainfield$396,500-6.7%8-11.1%147.7%56-47.7%
Roxbury$550,00080.9%950.0%8-20.0%53253.3%
Waitsfield$750,00011.9%25150.0%3365.0%5767.7%
Warren$865,00011.6%25-7.4%30-23.1%103151.2%
Waterbury$653,0000.5%410.0%603.5%46119.1%
Woodbury$370,00048.0%7-36.4%166.7%10578.0%
Worcester$405,000-18.8%13160.0%20185.7%356.1%
TOWNMEDIAN SALES PRICEVS 2024UNITS SOLDVS 2024NEWLY LISTEDVS 2024DAYS ON MARKETVS 2024
Barre$379,50010.8%4-50.0%928.6%2433.3%
Fayston$380,0001.7%833.3%80.0%2685.7%
Montpelier$312,00012.6%180.0%210.0%58286.7%
Moretown$208,625-35.8%40.0%4-20.0%23-76.5%
Waitsfield$360,0000.7%8-33.3%1427.3%2364.3%
Warren$363,00013.4%47-13.0%687.9%5675.0%
Waterbury$337,500-12.3%129.1%16-5.9%54116.0%

Addison County Real Estate Market 2026

142 Commodore Drive, Vergennes, VT – Move right in to this 2017-built home in Vergennes’ Claybrook neighborhood, featuring 3 bedrooms, 2.5 baths, and a bright, open floor plan designed for modern living.
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Addison County’s 2025 real estate market reflects a steady, price-supported environment with clear differences from town to town. Single-family home prices continued to rise, with the countywide median reaching $470,000, even as inventory increased, and homes took a bit longer to sell. Buyer demand remained present but more measured, with purchasers taking time to compare options and negotiate—especially outside of the most active areas. Middlebury remains the county’s anchor market, showing strong sales activity, rising prices, and consistent demand, while Vergennes, Bristol, Starksboro, and Leicester also posted healthy results driven by value, location, and year-round livability. More rural towns such as Ripton, Weybridge, and Goshen saw dramatic price swings tied to a small number of sales.

Single-Family January-December 2025
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$470,000 | 9.9% $563,256 | 7.9%253 | 4.1%373 | 22.3%46 | 12.2%
Condos January-December 2025
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$325,000 | -13.8% $327,868 | -16.6%19 | 35.7%33 | 73.7%21 | 16.7%

Countywide, land prices rose 16% despite a 21% decline in parcels sold. 96 parcels were newly listed during the year, providing more opportunities for buyers in search of custom-building sites or long-term investments.

Overall, Addison County remains a solid market grounded in long-term growth rather than urgency, where realistic pricing, property condition, and local expertise play a large role in successful outcomes for both buyers and sellers. This is a market where strategy matters more than momentum—and where knowing your town makes all the difference.

TOWNMEDIAN SALES PRICEVS 2024UNITS SOLDVS 2024NEWLY LISTEDVS 2024DAYS ON MARKETVS 2024
Addison$529,50055.5%120.0%2376.9%5732.6%
Bridport$403,0004.7%9-18.2%8-50.0%14212.7%
Bristol$418,0005.8%2519.1%3134.8%27-27.0%
Cornwall$569,600-6.6%10-9.1%1416.7%42-14.3%
Ferrisburgh$559,0007.9%13-43.5%27-12.9%2920.8%
Goshen$1,740,000596.0%2-60.0%3-25.0%272325.0%
Granville$346,000-7.9%6200.0%50.0%1157.1%
Hancock$216,250-40.6%4100.0%5-16.7%65150.0%
Leicester$450,00038.5%980.0%14100.0%25-51.0%
Lincoln$420,000-11.8%5-64.3%12-7.7%52-8.8%
Middlebury$478,00010.0%5252.9%8197.6%3119.2%
Monkton$525,000-13.1%1721.4%2343.8%28-36.4%
New Haven$515,000-6.0%1233.3%11-8.3%32100.0%
Orwell$415,00010.7%1157.1%1850.0%9267.3%
Panton$579,0005.3%860.0%7-22.2%59637.5%
Ripton$605,000109.7%3-25.0%650.0%39290.0%
Salisbury$434,50019.0%129.1%1713.3%5566.7%
Shoreham$385,000-13.3%7-50.0%16-11.1%9417.5%
Starksboro$551,00036.1%1122.2%1416.7%17-43.3%
Vergennes$463,75016.7%180.0%2513.6%4151.9%
Waltham$405,000-21.4%1-75.0%3-40.0%5-80.8%
Weybridge$725,00062.9%4-33.3%5-16.7%63600.0%
Whiting$517,500-31.2%20.0%566.7%11341.3%

Chittenden County Real Estate Market 2026

144 Royal Drive, South Burlington, VT – This well-maintained, 4-bedroom, 3-bath home in South Burlington’s sought-after Cider Mill neighborhood, features functional spaces and thoughtful updates.

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The 2025 real estate market in Chittenden County shows a clear move toward balance after several years of rapid appreciation and highly competitive conditions. Single-family home sales rose nearly 13% year over year, while the median price held relatively steady at $580,000, down just over one percent from 2024. This stability in pricing, paired with rising sales and a noticeable increase in new listings, points to a healthier market where demand remains strong, but buyers have more choice. New listings climbed more than 12% and average days on market increased to 32 days, signaling a shift toward a more thoughtful, comparison-driven buying environment. Despite this moderation, prices remain well above pre-pandemic levels, underscoring the county’s long-term strength.

Single-Family January-December 2025
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$580,000 | -1.2%
 $672,588 | -0.7%1,102 | 12.8%1,348 | 12.2%32 | 18.5%
Condos January-December 2025
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$397,000 | 4.5% $445,023 | 2.9%586 | -3.1%761 | 6.4%38 | 35.7%

Performance varied by town, highlighting the importance of local market conditions. Burlington, South Burlington, Colchester, and Essex continued to anchor sales activity, supported by employment centers, schools, and amenities. These areas experienced steady turnover with modest price movement as buyers focused on value and condition. Higher-priced communities such as Shelburne, Charlotte, and Richmond maintained strong appeal tied to location and setting, though longer marketing times reflect more selective buyers at the upper end. Markets such as Milton, Winooski, Westford, and parts of Jericho and Underhill saw solid increases in sales, reinforcing continued demand for relatively affordable options within the county.

Other property types showed mixed but telling trends. The condo market recorded a higher median price of $397,000, though unit sales dipped slightly and days on market rose, reflecting affordability constraints and more cautious buyer behavior. Condos in Burlington, South Burlington, Williston, and Winooski remain popular, particularly among first-time buyers and downsizers, but buyers are taking more time to evaluate options.

Multi-family properties stood out as a strong segment, with sales up nearly 34%, driven by tight rental conditions and investor demand. The land market saw modest price gains and slightly higher sales, though longer marketing times point to increased scrutiny around development costs and feasibility. Overall, Chittenden County’s 2025 market remains healthy and resilient, offering sellers steady demand when priced realistically and buyers more room to negotiate.

TOWNMEDIAN SALE PRICEVS 2024UNITS SOLDVS 2024NEWLY LISTEDVS 2024DAYS ON MARKETVS 2024
Bolton$690,00031.1%5-37.5%7-30.0%1318.2%
Burlington$553,0002.8%1813.4%213-0.9%3644.0%
Charlotte$885,000-4.3%3811.8%45-11.8%42133.3%
Colchester$570,0002.1%11815.7%14410.8%28-6.7%
Essex$540,000-3.6%1435.2%17516.7%250.0%
Hinesburg$557,000-20.1%4113.9%489.1%6986.5%
Huntington$500,0006.7%19216.7%1958.3%1754.6%
Jericho$594,500-5.2%5928.3%7027.3%442.3%
Milton$475,000-4.5%811.3%11845.7%2717.4%
Richmond$650,00022.6%29-12.1%33-8.3%244.4%
Shelburne$889,00019.7%6316.7%69-2.8%4037.9%
South Burlington$695,500-0.9%15817.9%20716.3%29-3.3%
St. George$739,000-1.7%50.0%3-62.5%47370.0%
Underhill$597,000-15.3%3011.1%359.4%36-26.5%
Westford$499,99920.5%2566.7%2938.1%2441.2%
Williston$685,500-1.9%7222.0%9123.0%2519.1%
Winooski$418,0002.0%3529.6%4223.5%28100.0%
TOWNMEDIAN SALE PRICEVS 2024UNITS SOLDVS 2024NEWLY LISTEDVS 2024DAYS ON MARKETVS 2024
Bolton$366,00052.4%6-25.0%7-30.0%1660.0%
Burlington$404,5007.9%108-4.4%1634.5%4670.4%
Charlotte$439,00014.8%1-50.0%350.0%9-25.0%
Colchester$368,500-2.8%7523.0%8621.1%2547.1%
Essex$375,000-3.8%998.8%12421.6%23-11.5%
Hinesburg$272,000-39.2%740.0%14133.3%50.0%
Jericho$392,05013.6%860.0%100.0%566.7%
Milton$387,400-12.2%35-10.3%5589.7%12218.5%
Richmond$325,000-11.0%10.0%10.0%12-40.0%
Shelburne$484,000-6.5%27-20.6%37-15.9%66187.0%
South Burlington$370,0008.8%140-23.1%172-13.6%2717.4%
Williston$525,00014.1%6323.5%727.5%36111.8%
Winooski$415,00012.2%1623.1%17-5.6%61177.3%

2026 Luxury Real Estate Market

282 Westview Drive, Shelburne, VT – Step inside this timeless 6,000+ SF home where classic New England architecture meets modern comfort. With 5 bedrooms and 5+ baths, the layout offers both elegant gathering spaces and private retreats.
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The luxury home market across Northwest and Central Vermont in 2025 demonstrated strength and resilience, closely reflecting national patterns outlined in the 2026 Coldwell Banker Global Luxury Trend Report. Across the five-county region, luxury sales rose sharply, even as median and average prices moderated slightly. This combination points to a market that is recalibrating rather than retreating. Affluent buyers remain active and well-capitalized, but they are approaching decisions with greater intention. Longer days on market signal thoughtful purchasing, not reduced demand, as buyers place increased emphasis on quality, setting, and long-term value over urgency.

Overall, the luxury segment continues to operate on different fundamentals than the broader housing market, supported by equity, cash purchases, and long ownership horizons. At the county level, luxury performance varied based on lifestyle appeal and inventory. Chittenden County continued to lead in sales volume, driven by lakefront properties, privacy, and proximity to Burlington. Lamoille County stood out for price growth, fueled by continued demand in Stowe for ski-adjacent homes and year-round resort properties. In Washington County, luxury activity remained steady, with the Mad River Valley playing an outsized role. Demand tied to Sugarbush Resort continues to support high-end sales in Waitsfield and Warren, where buyers are primarily lifestyle-driven and willing to wait for the right property. Addison and Grand Isle Counties reflected smaller, more specialized luxury markets, where waterfront and estate properties can significantly influence year-over-year results due to limited inventory.

These local trends closely mirror national luxury patterns. As highlighted in the 2026 Coldwell Banker Global Luxury Trend Report, today’s affluent buyers are behaving differently than in past cycles, increasingly viewing real estate as a legacy asset tied to identity, stability, and long-term wealth preservation. Many luxury buyers are less affected by interest rates— supported by the fact that a significant share of luxury transactions are cash —and are focused on holding properties longer rather than trading frequently.

Looking ahead to 2026, the outlook remains positive. Inventory is expected to improve gradually, offering buyers more choice while still supporting values in prime locations. The ongoing intergenerational transfer of wealth is beginning to shape demand, bringing new buyers into the market with longer ownership horizons. In Vermont, this continues to favor distinctive properties—lakefront homes, resort-area residences, and private estates—where setting, craftsmanship, and lifestyle justify value. The luxury market has settled into a more sustainable rhythm, defined by patience, clarity, and long-term perspective rather than pressure or speculation.