Addison County, Vermont Housing Market Prices
Addison County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 170% above the Vermont median Most expensive county in Vermont$561,969
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Median rent 5% below the Vermont median Among the 5 most expensive counties in Vermont$1,176
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Addison County | Vermont Avg | US Average |
|---|---|---|---|
| Median Home Price | $561,969 | $207,791 | $248,835 |
| Price Trend (Annual %) | 15.0% | 0.9% | 7.5% |
| Median Gross Rent | $1,176 | $1,234 | $1,407 |
| Rent Trend (Annual %) | 3.5% | 3.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Addison County is about 170% higher than in Vermont. Rent is about 5% lower than the Vermont average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Addison County, up about 15.0% and 3.5% a year respectively. Home prices are changing faster.
Median rent in Addison County rose about 33.9% between 2015 and 2024, from $878 to $1,176. Over the same span, rent in Vermont rose about 38.0%.
Affordability
On average, housing unit costs 6.4 yearly household incomes in Addison County.
Buying the median-priced home in Addison County costs roughly 39.8 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Addison County. The price-to-rent ratio in Vermont is about 14.0.
| Metric | Addison County | Vermont Avg | US Average |
|---|---|---|---|
| Median Home Price | $561,969 | $207,791 | $248,835 |
| Median Household Income | $87,779 | $81,508 | $80,455 |
| Price-to-Income Ratio | 6.4 | 2.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Addison County rose about 199.7%, while median household income rose about 46.0% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Addison County | Vermont Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 67.3% | 59.0% | 58.5% |
| Rental Rate | 17.6% | 21.6% | 31.2% |
| Vacancy Rate | 15.0% | 19.4% | 10.2% |
| Median Tenure (years) | 18.0 | 17.0 | 15.0 |
| Median Year Moved In | 2008 | 2009 | 2011 |
Addison County has a homeownership rate of 67.3%, higher than the Vermont average of 59.0%. Its housing vacancy rate is 15.0%, compared with 19.4% in Vermont.
Housing Stock
| Metric | Addison County | Vermont Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.29 people | 2.27 people | 2.53 people |
| Median Structure Built Year | 1973 | 1972 | 1978 |
| Median Number of Rooms | 5.8 | 5.6 | 5.5 |
The typical housing unit in Addison County was built around 1973. On average, 2.3 people live in a home with about 5.8 rooms, staying for about 18.0 years on average.
Addison County, VT Housing Compared With Nearby Counties
Addison County, VT is the 5th largest of the 6 counties compared here, 37,599 residents against a local median of 60,005. Where Addison County, VT breaks from the counties next to it is median home price, sitting 202% above the local median of $186,000 at $561,969.
The counties themselves spread $225,844 on median home price, so Addison County, VT sits at one end of an already wide local range rather than apart from it. Addison County, VT has the highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Addison County, VT | 37,599 | $561,969 #1/6 | $1,176 #2/6 | 79.3% #1/6 |
| Chittenden County, VT | 169,680 | $392,968 | $1,646 | 63.9% |
| Rutland County, VT | 60,423 | $178,365 | $999 | 75.1% |
| Washington County, VT | 60,005 | $167,124 | $1,162 | 73.7% |
| Essex County, NY | 36,973 | $186,000 | $934 | 77.3% |
| Windsor County, VT | 57,919 | $246,634 | $1,117 | 74.8% |
Frequently Asked Questions
Common questions about the housing market in Addison County, Vermont.
What is the median home price in Addison County, Vermont?
The median home price in Addison County, Vermont is $561,969, higher than the Vermont average of $207,791.
What is the average home price in Addison County, Vermont?
The typical home price in Addison County, Vermont, reported as the median sale price, is $561,969. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Addison County, Vermont?
The median gross rent in Addison County, Vermont is $1,176 per month, lower than the Vermont average of $1,234.
What was the median gross rent in Addison County in 2020?
In 2020, the median gross rent in Addison County, Vermont was $1,027 per month.
What is the price-to-rent ratio in Addison County, Vermont?
The price-to-rent ratio in Addison County, Vermont is about 39.8, meaning it would take roughly 39.8 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Addison County.
Are home prices or rent rising faster in Addison County, Vermont?
Both home prices and rent are rising in Addison County, up about 15.0% and 3.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Addison County, Vermont?
67.3% of households in Addison County, Vermont own their home, higher than the Vermont average of 59.0%.
What is the vacancy rate in Addison County, Vermont?
The housing vacancy rate in Addison County, Vermont is 15.0%, lower than the Vermont average of 19.4%.
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