Zip 05491 (Vergennes, VT) Housing


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United States / Vermont / No Metro Area / Addison County / Vergennes / Vergennes (zip 05491)
Vergennes, VT is an attractive place to live due to its strong real estate market. The median value of homes in Vergennes is $375,500, which is significantly higher than the US median house value of $338,100. This indicates that housing prices in Vergennes are on the rise. In addition, the appreciation rate for houses in 05491 (13.44%) exceeds the national average of 8.27%. These facts point to increased demand and imply that investing in housing within this area may be a relatively safe bet for buyers and renters alike.

The median home cost in Vergennes (zip 05491) is $375,500. Home appreciation the last 10 years has been 68.9%. Home Appreciation in Vergennes (zip 05491) is up 18.6%.

Average Age of Homes
- The median age of Vergennes (zip 05491) real estate is 45 years old
The Rental Market in Vergennes (zip 05491)
- Renters make up 18.6% of the Vergennes (zip 05491) population
- 1.0% of houses and apartments in Vergennes (zip 05491), are available to rent

DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingVergennes, VermontUnited States
  2,955.0139,647,020.0
  4842
  $375,500$338,100
  18.6%16.6%
  53.6%57.0%
  68.9%101.1%
  $19.86$10.98
  $5,127$2,690
  61.3%57.4%
  16.9%11.2%
  21.8%31.4%
  Vacant Housing
  1.0%1.9%
  0.0%0.4%
  1.3%0.7%
  0.0%0.4%
  12.7%3.6%
  1.9%4.1%
  Value of Owner-Occupied Housing
  3.6%2.6%
  3.1%2.4%
  1.2%2.8%
  1.2%3.9%
  0.5%4.5%
  4.6%11.3%
  13.0%13.0%
  39.7%20.1%
  19.5%13.6%
  5.9%8.3%
  5.0%9.7%
  1.6%3.9%
  0.9%2.2%
  0.0%0.8%
  0.3%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  12.1%13.6%
  12.1%13.6%
  9.6%13.6%
  15.1%13.2%
  10.0%14.8%
  9.6%13.6%
  5.3%10.0%
  2.8%4.7%
  29.8%12.2%
Commute