According to recent data published by VHFA on HousingData.org, the median sales price of a primary home in Vermont increased by 7% annually from 2000-2025, reaching $379,000.
This figure, derived from Vermont Property Transfer Tax records, continues a trend of unprecedented increases in home sales prices since 2019. In the 6 years since, the median price of a primary home has increased by 67%. By comparison, it took 17 years (from 2002 to 2019) for home sales prices to increase by this amount.
The prolonged period of escalating home prices, combined with sustained higher mortgage interest rates, has had a negative impact on home affordability for Vermonters. Adding to the issue is the fact that Vermont household incomes have only increased by 42% since 2019, indicating that household income has not kept pace with the cost of buying a home.
Home price increases have outpaced increases in income across the country. In 2024, the Burlington-South Burlington metropolitan area was one of 39 metros across the country with a median home sale price 5 times the median household income—a historic high for Vermont and the country, according to Harvard University’s Joint Center for Housing Studies.
In addition to including the latest home sales data, VHFA’s visualization of this data has been expanded to include a responsive map of home sales by town. These datasets, and many others about Vermont’s housing market, are available for free on VHFA’s housingdata.org.
What’s your housing story?
Now through March 15th, VHFA invites Vermonters who have used VHFA programs (including first generation homeowners, return homebuyers, and renters in Vermont) to share their apartment or house-hunting experiences. VHFA will contact people who have submitted stories that are selected for use on vhfa.org, social media channels, and reports. A $100 gift card will be offered to participants whose stories are used by VHFA. To submit your housing story, visit our online form at https://vhfa.org/your-story.
Interested in purchasing a home in Vermont?
Vermont Housing Finance Agency (VHFA) programs are available to moderate-income Vermonters through participating lenders. If you are interested in becoming a homeowner check out VHFA's affordable mortgage and down payment assistance programs. Visit VHFA's homebuyer website to learn more and connect with a qualified Vermont lender.