The story of this market
The typical home in Essex, Vermont sells for about $442,500, or $303 per square foot.
Prices are roughly flat from a year ago (-1%), a market in balance. Homes take about 21 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,116 a month.
Monthly price momentum
Home values since 2015
+2.6%
VT · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Essex, Vermont
The Essex housing market shows signs of cooling demand with a slight year-over-year price decline, yet remains competitive due to low inventory levels. High demand for suburban living near Burlington continues to support property values, though the pace of sales has stabilized compared to the pandemic peak. Data gaps exist for specific historical tax and price trajectories, which should be considered when evaluating long-term investment risk.
No ARED county foreclosure postings attributed to Essex yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 2 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 1.3% year over year.
Homes spend a median of 38 days on market with 3.4 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.88% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A popular natural area offering hiking trails and water access, serving as a key recreational anchor for the community.
A mixed-use destination featuring retail, dining, and entertainment options that serves as a central gathering place for residents.
A historic local orchard that provides seasonal activities and reinforces the town's rural character.
Essex is an ideal fit for family buyers seeking a balance of suburban convenience and rural charm, as well as commuters working in the Burlington area who desire larger lots and a community-focused environment.
The area is served by the Essex Westford School District, which is generally regarded for providing high-quality public education and strong community support for academic programs.
The city is well-connected via major regional highway corridors, facilitating commutes to Burlington and surrounding areas, though residents remain largely dependent on personal vehicles.
Essex offers a robust amenity base including Indian Brook Reservoir for water activities, extensive trail networks, and local parks like the Essex Experience, providing significant lifestyle value to residents.
The rental market in Essex is characterized by moderate vacancy pressure and steady demand, with a mix of apartment complexes and single-family rentals serving the local workforce.
The local economy is anchored by a mix of suburban retail, light industry, and services, with strong economic ties to the broader Chittenden County employment market.
Essex benefits from its proximity to Burlington, serving as a suburban hub with a mix of residential and commercial development, supported by local employers and infrastructure improvements.
Development efforts are currently focused on downtown revitalization and increasing housing density to accommodate moderate population growth while preserving the town's suburban character.
Parcels in Essex are subject to municipal and school district taxation, with no major special utility or flood control districts reported as primary tax drivers.
Essex maintains a CAP Index Crime Score of 2 out of 10, which is notably lower than the national average of 4, indicating a safe environment relative to regional and national benchmarks.
The region faces standard New England climate risks, including seasonal flooding near water bodies like the Lamoille River and winter weather impacts; insurance posture remains stable but requires standard hazard coverage.
Property insurance markets in Vermont are generally stable, though homeowners should account for standard regional risks such as winter storm damage and localized flooding.
Property taxes in Essex are determined by a combination of municipal and school district rates, with assessments managed locally; residents should consult the town assessor for specific exemptions and current millage rates.
Data derived from local market reports and census-based profiles.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.