Franklin County, Vermont Housing Market Prices
Franklin 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.
-
Median home price 147% above the Vermont median Among the 3 most expensive counties in Vermont$512,275
-
Median rent 4% below the Vermont median Among the 3 most expensive counties in Vermont$1,180
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Franklin County | Vermont Avg | US Average |
|---|---|---|---|
| Median Home Price | $512,275 | $207,791 | $248,835 |
| Price Trend (Annual %) | 15.5% | 0.9% | 7.5% |
| Median Gross Rent | $1,180 | $1,234 | $1,407 |
| Rent Trend (Annual %) | 3.8% | 3.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Franklin County is about 147% higher than in Vermont. Rent is about 4% 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 Franklin County, up about 15.5% and 3.8% a year respectively. Home prices are changing faster.
Median rent in Franklin County rose about 35.7% between 2015 and 2024, from $869 to $1,180. Over the same span, rent in Vermont rose about 38.0%.
Affordability
On average, housing unit costs 6.3 yearly household incomes in Franklin County.
Buying the median-priced home in Franklin County costs roughly 36.2 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 Franklin County. The price-to-rent ratio in Vermont is about 14.0.
| Metric | Franklin County | Vermont Avg | US Average |
|---|---|---|---|
| Median Home Price | $512,275 | $207,791 | $248,835 |
| Median Household Income | $81,445 | $81,508 | $80,455 |
| Price-to-Income Ratio | 6.3 | 2.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Franklin County rose about 172.6%, while median household income rose about 41.2% 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 | Franklin County | Vermont Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 67.1% | 59.0% | 58.5% |
| Rental Rate | 19.6% | 21.6% | 31.2% |
| Vacancy Rate | 13.3% | 19.4% | 10.2% |
| Median Tenure (years) | 17.0 | 17.0 | 15.0 |
| Median Year Moved In | 2009 | 2009 | 2011 |
Franklin County has a homeownership rate of 67.1%, higher than the Vermont average of 59.0%. Its housing vacancy rate is 13.3%, compared with 19.4% in Vermont.
Housing Stock
| Metric | Franklin County | Vermont Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.53 people | 2.27 people | 2.53 people |
| Median Structure Built Year | 1976 | 1972 | 1978 |
| Median Number of Rooms | 5.7 | 5.6 | 5.5 |
The typical housing unit in Franklin County was built around 1976. On average, 2.5 people live in a home with about 5.7 rooms, staying for about 17.0 years on average.
Franklin County, VT Housing Compared With Nearby Counties
Franklin County, VT is the 3rd largest of the 4 counties compared here, 50,633 residents against a local median of 60,005. The measure that sets Franklin County, VT apart most is median home price: $512,275, 70% above the local median of $302,081.
The counties themselves spread $225,844 on median home price, so Franklin County, VT sits at one end of an already wide local range rather than apart from it. Franklin County, VT has the highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Franklin County, VT | 50,633 | $512,275 #1/4 | $1,180 #2/4 | 77.4% #1/4 |
| Lamoille County, VT | 26,137 | $302,081 | $1,159 | 72.9% |
| Chittenden County, VT | 169,680 | $392,968 | $1,646 | 63.9% |
| Washington County, VT | 60,005 | $167,124 | $1,162 | 73.7% |
Frequently Asked Questions
Common questions about the housing market in Franklin County, Vermont.
What is the median home price in Franklin County, Vermont?
The median home price in Franklin County, Vermont is $512,275, higher than the Vermont average of $207,791.
What is the average home price in Franklin County, Vermont?
The typical home price in Franklin County, Vermont, reported as the median sale price, is $512,275. 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 Franklin County, Vermont?
The median gross rent in Franklin County, Vermont is $1,180 per month, lower than the Vermont average of $1,234.
What was the median gross rent in Franklin County in 2020?
In 2020, the median gross rent in Franklin County, Vermont was $1,023 per month.
What is the price-to-rent ratio in Franklin County, Vermont?
The price-to-rent ratio in Franklin County, Vermont is about 36.2, meaning it would take roughly 36.2 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 Franklin County.
Are home prices or rent rising faster in Franklin County, Vermont?
Both home prices and rent are rising in Franklin County, up about 15.5% and 3.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Franklin County, Vermont?
67.1% of households in Franklin County, Vermont own their home, higher than the Vermont average of 59.0%.
What is the vacancy rate in Franklin County, Vermont?
The housing vacancy rate in Franklin County, Vermont is 13.3%, lower than the Vermont average of 19.4%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →