In short
The median value of owner-occupied homes is $352,800 in Vermont and $438,100 in the Burlington–South Burlington metro area, against $360,600 nationwide (Census ACS 2024). On the FHFA index, Vermont prices up 7.3% between the second quarters of 2025 and 2026, the second-largest gain of any state.
What it costs: median value in 2024
| Area | Median value, 2024 | Margin of error (90%) |
|---|---|---|
| United States | $360,600 | ±$618 |
| Vermont | $352,800 | ±$7,277 |
| Burlington–South Burlington metro area | $438,100 | ±$11,249 |
| Chittenden County | $470,600 | ±$12,882 |
Source: Census ACS 2024, table B25077; owners’ own estimates, not sale prices.
The city of Burlington
The Census Bureau returns no one-year estimate for the city of Burlington. For the city, it offers the five-year estimates, which pool 2020 through 2024:
| Area | Median value, 2020-2024 average | Margin of error (90%) |
|---|---|---|
| United States | $332,700 | ±$236 |
| Vermont | $316,600 | ±$3,361 |
| Chittenden County | $439,200 | ±$7,510 |
| City of Burlington | $444,800 | ±$19,357 |
Source: U.S. Census Bureau, ACS 5-Year Estimates 2020-2024, table B25077.
These five-year figures are lower than the one-year figures above because they average five years of answers, so they should not be compared with the 2024 table. Within the five-year table, the city of Burlington sits $128,200 above the Vermont median and $5,600 above the Chittenden County median. The margin of error for the city (±$19,357) is wide, so treat the city figure as a range, roughly $425,000 to $464,000.
Three points stand out from the one-year table:
- The Vermont median is $7,800 below the national median.
- The Burlington metro median is $85,300 above the Vermont median, and Chittenden County is $117,800 above it. Prices around Burlington are well above the rest of the state.
- The margin of error for Vermont (±$7,277) is larger than the national one, because the sample is smaller.
How prices have moved: the FHFA index
FHFA’s release names Vermont as the state with the second-highest annual appreciation, at 7.3%, behind Alaska at 8.3%.
| Area | 1-year change (Q2 2025 to Q2 2026) | 5-year change (Q2 2021 to Q2 2026) |
|---|---|---|
| United States | +2.1% | +33.4% |
| Vermont | +7.3% | +52.2% |
Source: FHFA HPI, purchase-only, Q2 2026 (release of August 25, 2026); changes by Payotte.
FHFA’s purchase-only metro file does not include a series for the Burlington–South Burlington area, so there is no metro trend to show here. The state index is the closest official measure.
Vermont prices rose about three and a half times faster than the national index over the past year, and about half again as much over five years.
A worked example
Take a Vermont home worth $300,000 in the second quarter of 2021. Tracking the state index exactly, it would have been worth about $456,000 in the second quarter of 2026 (+52.2%). Over the last year alone, a $400,000 home would have gained about $29,000 (+7.3%). A single home can differ widely from the index.
How to use these figures when buying
Closing costs come on top: our Vermont closing costs guide covers who pays what, and buying a home in Burlington applies these numbers to the city. Also see the Vermont first-time buyer programs, whose purchase price limit for Chittenden County is lower than the county median above.
Method and dataset
ACS one-year median value. U.S. Census Bureau, American Community Survey, 1-Year Estimates, vintage 2024 (released in 2025), table B25077 “Median Value (Dollars)”, variable B25077_001E with margin of error B25077_001M. Universe: owner-occupied housing units. Geographies: United States (0100000US), Vermont (0400000US50), Burlington–South Burlington metro area (310M700US15540), Chittenden County (0500000US50007). Values were read on data.census.gov on October 13, 2026. The one-year series has no estimate for the city of Burlington (1600000US5010675).
ACS five-year median value. Same table, vintage 2020-2024 five-year estimates, for the United States, Vermont, Chittenden County and the city of Burlington. The 2025 one-year estimates are scheduled for October 29, 2026.
FHFA index. FHFA HPI (purchase-only, seasonally adjusted), files hpi_po_state.txt (Vermont) and hpi_po_us_and_census.txt (USA). Index values used: Vermont 422.18 (Q2 2025), 297.64 (Q2 2021) and 452.94 (Q2 2026); United States 426.58, 326.58 and 435.69. The U.S. one-year result (+2.1%) and Vermont’s 7.3% match the figures in FHFA’s release. The metro file hpi_po_metro.txt has no Burlington–South Burlington (CBSA 15540) series.
Frequently asked questions
What is the median home value in Vermont?
Vermont’s 2024 ACS median home value is $352,800 (±$7,277), against $360,600 for the nation: owners’ own estimates, not sale prices.
What is the median home value in Burlington?
For the Burlington–South Burlington metro area, the 2024 one-year ACS median is $438,100 (±$11,249), and for Chittenden County $470,600 (±$12,882). For the city alone, only the 2020-2024 five-year estimate exists: $444,800 (±$19,357).
Are Vermont home prices going up or down?
FHFA’s purchase-only index shows Vermont prices rose 7.3% over the year to Q2 2026, against 2.1% for the nation. Over five years, they rose 52.2%.
How Vermont compares with the other States
Vermont's median of $352,800 is within 5% of the national $360,600 and ranks 22nd among the 50 States.
The States closest in median value are Minnesota ($344,600) and Georgia ($343,300). The range runs from $170,800 in West Virginia to $875,900 in Hawaii; Vermont is $13,300 above the middle of that ranking (Wyoming).
On the FHFA index, Vermont prices rose 7.3% over the year to the second quarter of 2026, which places the State 2nd of 50, 5.2 points ahead of the national +2.1%. Over five years the gain is +52.2% (1st of 50; nation +33.4%).
Vermont sits in the middle of the pack on at least one of the two measures: 22nd for the level, 2nd for the one-year change.
Over five years, Vermont's +52.2% annualises to +8.8% a year (nation +5.9%). The latest year (+7.3%) is 1.5 points under that average, a slower pace than the five-year average.
The one-year FHFA change runs from -1.2% in New Mexico to +8.3% in Alaska. Vermont (+7.3%) is 1 points below the top and 8.5 above the bottom; Alaska (+8.3%) and Hawaii (+5.8%) are the nearest to it.
For scale, 20% of the Vermont median is $70,560, against $72,120 at the national median.
Compare with the other states: Median home price by state.
More Vermont guides
- Closing costs in Vermont: what buyers and sellers pay
- Vermont property transfer tax: rates, who pays, exemptions
- Vermont property tax: how it works and the homestead rate
- Seller disclosure requirements in Vermont: what must be told
- Do you need a real estate attorney to close in Vermont?
- How does foreclosure work in Vermont, and how long does it take?
- First-time home buyer programs in Vermont: VHFA and Burlington
- How to verify a real estate license in Vermont
Sources
- Census Bureau, ACS 1-Year 2024, table B25077 (consulted October 13, 2026)
- Table B25077, Median Value (Dollars), ACS 5-Year Estimates 2020-2024 (U.S. Census Bureau) (consulted October 13, 2026)
- Census Bureau, 2025 ACS release schedule (consulted October 13, 2026)
- FHFA news release, August 25, 2026 (consulted October 13, 2026)
- FHFA HPI datasets (quarterly, purchase-only) (consulted October 13, 2026)