The 10 Best Places To Buy A House In Vermont For 2022


Using science and data, we can tell you which places in Vermont have seen home prices rising and people flocking over the past year.

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Editor’s note: This is not investment advice and we are not financial advisers. Article updated for 2022.

There's a the age old question everyone thinks about when they decide to move to a city in Vermont:

Should I buy a place or rent? Well, we aren't here today to solve that problem for you exactly. We are just assuming you'll do the right thing and a buy a place. And while we are happy to tell you the best place to live in Vermont, this analysis is going to tackle the question of the best place to buy a house as an investor. That is we are going to try and determine the up and coming cities in the Green Mountain State.

To do that we are going to look at places in Vermont that are growing faster than average, but where home prices are below average. In every day terms, the "deals". The best deal in Vermont at the moment? That would be Morrisville according to our analysis.

Here's a look at the top ten places to buy a home in Vermont for 2022.

What's the best place to buy a home in Vermont for 2022? According to our analysis, would the the ideal place to buy a home looking into the future.

The methodology that wen't into this can be a bit complicated, so we'll break it down for you in as much detail as we can below. If you're not worried about finding a deal on good places to live, check out the most expensive places to live in Vermont and, for those of you on a budget, the cheapest places to live in Vermont.

For more Vermont reading, check out:

The 10 Best Cities To Buy A House In Vermont For 2022

1. Morrisville

Morrisville, VT

Source: Public domain
Overall SnackAbility

6
/10

Population: 2,017
Median Home Price: $175,000
Population Change: -9.0%
Home Price Change: -2.6%
More on Morrisville: Photos | Homes For Sale | Data

2. Windsor

Windsor, VT

Source: Wikipedia User AlexiusHoratius | CC BY-SA 3.0
Overall SnackAbility

5
/10

Population: 2,042
Median Home Price: $138,500
Population Change: -5.0%
Home Price Change: -10.2%
More on Windsor: Photos | Homes For Sale | Data

3. Randolph

Randolph, VT

Source: Wikipedia User The original uploader was | CC BY-SA 2.0
Overall SnackAbility

4
/10

Population: 2,044
Median Home Price: $178,300
Population Change: -5.3%
Home Price Change: 2.9%
More on Randolph: Photos | Homes For Sale | Data

4. West Rutland

Overall SnackAbility

5
/10

Population: 2,072
Median Home Price: $148,300
Population Change: -4.7%
Home Price Change: 1.8%
More on West Rutland: Homes For Sale | Data

5. Bristol

Bristol, VT

Source: Wikipedia User Magicpiano | CC BY-SA 3.0
Overall SnackAbility

5
/10

Population: 2,095
Median Home Price: $230,500
Population Change: 12.9%
Home Price Change: -4.4%
More on Bristol: Photos | Homes For Sale | Data

6. Manchester Center

Overall SnackAbility

5
/10

Population: 2,272
Median Home Price: $284,000
Population Change: 18.1%
Home Price Change: -0.9%
More on Manchester Center: Homes For Sale | Data

7. Fair Haven

Fair Haven, VT

Source: Wikipedia User Jared and Corin | CC BY-SA 2.0
Overall SnackAbility

5
/10

Population: 2,273
Median Home Price: $143,400
Population Change: 1.2%
Home Price Change: -2.6%
More on Fair Haven: Photos | Homes For Sale | Data

8. Swanton

Swanton, VT

Source: Wikipedia User Doug Kerr from Albany, NY | CC BY-SA 2.0
Overall SnackAbility

4
/10

Population: 2,328
Median Home Price: $173,300
Population Change: -5.0%
Home Price Change: 1.1%
More on Swanton: Photos | Homes For Sale | Data

9. White River Junction

Overall SnackAbility

7
/10

Population: 2,528
Median Home Price: $230,800
Population Change: 14.4%
Home Price Change: 8.1%
More on White River Junction: Homes For Sale | Data

10. Vergennes

Vergennes, VT

Source: Public domain
Overall SnackAbility

8.5
/10

Population: 2,607
Median Home Price: $219,800
Population Change: 0.4%
Home Price Change: 1.8%
More on Vergennes: Photos | Homes For Sale | Data

Methodology: How do you determine the best places to buy a home in Vermont for 2022?

We were in real estate for almost five years and have been working on this site for another three. Suffice is to say, we've put a lot of thought into what goes into finding a good place to buy a home.

So all that thinking has come to this moment where we get to spell out how we'd approach finding an up-and-coming place to live in Vermont. Put differently, the analysis will try to find places in Vermont with undervalued homes relative to pent up demand.

Safest Places In Vermont

To do that we looked at the most recent American Community Survey Census data for 2016-2020 and compared it to the previous vintage (2012-2016). Specifically, we used the following criteria:

  • Y-o-Y Change In Population (People want to live here)
  • Y-o-Y Change In Median Home Prices (People are willing to pay for it)
  • Home Prices Relative To The State Average (It's still kinda cheap)

We want places that are growing, have seen home prices increase in recent years, and are still "cheap" for Vermont with the following caveats:

So of the 0 cities and towns in Vermont, only 29 places made it through our initial filters to even be considered.

We then ranked each place from 1 to 29 for the criteria mentioned above with 1 being the best for that criteria. We averaged the rankings to create a "best place to buy" index with the place having the lowest index being the best. You can download the data here.

Turns out that Morrisville is the best potential gem in the not-so-rough in the Green Mountain State.

Read on for more on these places.

Summary: The Best Places To Purchase A House In Vermont for 2022

There's our analysis of the best places to buy a house in Vermont. And, to be clear, we aren't necessarily saying these places are the best places to live, just that it looks like they might be in a couple of years based on the data.

In fact, every place in the following table meets our criteria, so even though it may not look super long, remember we started off with all 0 places in the state.

So if we'd could rent or buy in these cities, we'd definitely buy.

For more Vermont reading, check out:

Home Prices By City In Vermont

City Rank Median Home Price Population Change Home Price Increase
Morrisville 1 $175,000 -9.0% -2.6%
Windsor 2 $138,500 -5.0% -10.2%
Randolph 3 $178,300 -5.3% 2.9%
West Rutland 4 $148,300 -4.7% 1.8%
Bristol 5 $230,500 12.9% -4.4%
Manchester Center 6 $284,000 18.1% -0.9%
Fair Haven 7 $143,400 1.2% -2.6%
Swanton 8 $173,300 -5.0% 1.1%
White River Junction 9 $230,800 14.4% 8.1%
Vergennes 10 $219,800 0.4% 1.8%
Bellows Falls 11 $148,500 -3.3% 13.2%
West Brattleboro 12 $179,800 13.6% 7.4%
Wilder 13 $222,100 85.9% -4.9%
Milton 14 $234,400 56.1% -8.2%
Springfield 15 $129,600 6.2% -3.2%
Newport 16 $118,800 -1.4% 0.9%
St. Johnsbury 17 $142,400 -0.9% 1.8%
Shelburne 18 $375,200 1044.4% 34.7%
Brattleboro 19 $188,600 -1.2% -7.2%
St. Albans 20 $174,900 -0.1% -3.3%
Middlebury 21 $304,000 -0.5% 11.9%
Winooski 22 $231,300 1.1% 2.7%
Montpelier 23 $257,300 -0.6% 1.9%
Bennington 24 $162,700 -1.0% 4.0%
Barre 25 $149,200 -0.6% -5.7%
Essex Junction 26 $305,300 1.5% 2.4%
Rutland 27 $151,900 -1.2% -0.9%
South Burlington 28 $312,300 1.0% 1.6%
Burlington 29 $312,200 0.2% 9.7%
Download The Entire Vermont Ranking Data

How Is The Area In ?

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.

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